Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl

Refine search results

Journals help

  1. 1 Ekonomista

Authors help

  1. 1 Gradzewicz M.

  2. 1 Hagemajer J.

Years help

  1. 1 2007

Results found: 1

first rewind previous Page / 1 next fast forward last

Search results

Search:
in the keywords:  MONOPOLISTIC MARKUPS
help Sort By:

help Limit search:
first rewind previous Page / 1 next fast forward last
1

Monopolistic Markups and Returns to Scale in Poland. Evidence from the Firms Level

100%
Gradzewicz M., Hagemajer J.
Ekonomista
|
2007
|
issue 4
515-540
EN
This article estimates returns to scale and monopolistic markups on a large sample of firms in the manufacturing and services sectors during 1996 -2004. Methodology based on instrumental variables allows joint estimation of both, scale elasticities as well as markups, while the unobserved changes in firm-specific productivities are under control. Results show significant and positive markups in the aggregate manufacturing sector and in several narrowly defined industries. Returns to scale vary, but they are more pronounced in manufacturing, than in service sectors. Markups in service sector are lower than expected. Sensitivity analysis suggests sufficient overall stability of results.
first rewind previous Page / 1 next fast forward last
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.