haku: @author Ghosal, V. / yhteensä: 4
viite: 3 / 4
| Tekijä: | Ghosal, V. |
| Otsikko: | Product market competition and the industry price-cost markup fluctuations: role of energy price and monetary changes |
| Lehti: | International Journal of Industrial Organization
2000 : APR, VOL. 18:3, p. 415-444 |
| Asiasana: | PRODUCT MARKETING COMPETITION ENERGY |
| Kieli: | eng |
| Tiivistelmä: | The authors examine the role played by imperfect competition in the response of markups to energy price and monetary changes. They find: (1) for concentrated industries, markups increase with monetary expansion and decrease when energy prices increase; the elasticity with respect to energy prices is greater than monetary changes; (2) for low concentration industries, markups are virtually unaffected by monetary changes and the energy price elasticities are statistically insignificant. |
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