Price-cost mark-ups in UK industry
This paper tests for the presence of monopolistic price markups across UK industrial sectors by testing for a non-zero covariance between the Solow residual and various instruments. This follows the methodology of Hall (1988). We find evidence of significant markups in the Manufacturing and Services...
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| Format: | Default Article |
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2018
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| Online Access: | https://hdl.handle.net/2134/28148 |
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