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Título:
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Interpreting Markups in Spanish Manufacturing: The Exponential Model
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Autores:
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Corchón, Luis C. ;
Moreno Martín, Lourdes
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Tipo de documento:
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texto impreso
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Editorial:
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Springer, 2010-11-02
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Dimensiones:
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application/pdf
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Nota general:
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info:eu-repo/semantics/openAccess
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Idiomas:
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Palabras clave:
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Estado = Publicado
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Materia = Ciencias Sociales: Economía: Economía industrial
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Tipo = Sección de libro
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Resumen:
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In this paper we attempt to rationalize markups in a sample of Spanish manufacturing by assuming a representative consumer, proft-maximizing firms and constant returns to scale. We find that the standard forms of demand (CES and linear) do not provide a good explanation of markups. In contrast, a model where the representative consumer has an exponential utility function yields results that match data more closely.
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En línea:
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https://eprints.ucm.es/id/eprint/11517/1/Corchon_Moreno.pdf
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