RT Journal Article T1 Markups, Bargaining power and Offshoring: An empirical Assessment A1 Moreno Martín, María Lourdes A1 Rodríguez Rodríguez, Diego Antonio AB This paper tests the pro-competitive effect of imports on product and labour markets for Spanish manufacturing firms in the period 1990-2005. In doing so, it takes into account the type of imported products: final vs intermediate. Markups are estimated following the procedure suggested by Roeger (1995) and including an efficient bargaining model. The observed heterogeneity among firms is parameterized to consider additional product standardization and market concentration. The results support the Imports as Market Discipline hypothesis for importers of final goods, while firms that offshore intermediate inputs show similar markups to non-importers. Additionally, the union bargaining power is smaller the more final-goods oriented imports are and the more homogeneous is the type of goods elaborated by firms. PB Wiley SN 1467-9701 YR 2011 FD 2011 LK https://hdl.handle.net/20.500.14352/42685 UL https://hdl.handle.net/20.500.14352/42685 LA eng NO "Esta es la versión revisada previamente del siguiente artículo: Moreno, L. and Rodríguez, D. (2011), Markups, Bargaining Power and Offshoring: An Empirical Assessment1. The World Economy, 34: 1593–1627, se ha publicado en DOI: 10.1111/j.1467-9701.2011.01378.x. Este artículo puede ser utilizado con fines no comerciales de acuerdo con Términos y condiciones de Wiley para el autoarchivo ". NO Ministerio de Ciencia e Innovación (MICINN) DS Docta Complutense RD 17 abr 2025