RT Journal Article
T1 The effect of international trade on mark-ups distribution
A1 Moreno Martín, Lourdes
A1 Rodríguez Rodríguez, Diego
AB This paper presents empirical evidence about the relationship between market openness and markup distribution of manufacturing firms. The empirical analysis uses a panel data set of Spanish firms in the period 1990-2005, with a structural approach to identify individual mark-ups. The results point out that tougher competition associated to openness reduces marginal costs and prices, while it increases the average firm size. However, the evidence about the effect on average markups and the dispersion of performance variables across industries is weaker. These results partially support the theoretical predictions by the recent literature on efficiency heterogeneity and international trade and, in particular, Melitz and Ottaviano (2008).
PB Universidad de Oviedo
YR 2013
FD 2013
LK https://hdl.handle.net/20.500.14352/42687
UL https://hdl.handle.net/20.500.14352/42687
LA eng
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NO Ministerio de Educación de España
DS Docta Complutense
RD 28 abr 2024