An empyrical analysis of mark-ups in the Argentine manufacturing sector
In this paper, we estimate mark-ups with plant level production data for Argentina from a structural model of cost-minimizing producers, as proposed by De Loecker and Warzynski (2012). We explore systematic di erences across industries and plants. Our main ndings are that mark-ups are higher in cap...
Guardado en:
| Autores principales: | , |
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| Formato: | Articulo Documento de trabajo |
| Lenguaje: | Inglés |
| Publicado: |
2014
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| Materias: | |
| Acceso en línea: | http://sedici.unlp.edu.ar/handle/10915/47405 http://www.depeco.econo.unlp.edu.ar/doctrab/doc104.pdf |
| Aporte de: |
| Sumario: | In this paper, we estimate mark-ups with plant level production data for Argentina from a structural model of cost-minimizing producers, as proposed by De Loecker and Warzynski (2012). We explore systematic di erences across industries and plants. Our main ndings are that mark-ups are higher in capital-intensive industries, and for plants that are more productive, larger, and more capital-intensive. Our ndings are consistent with theories that predict larger mark-ups for more e cient rms and for higher quality products. |
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