RT Book, Section
T1 Interpreting Markups in Spanish Manufacturing: The Exponential Model
A1 Corchón, Luis C.
A1 Moreno Martín, María Lourdes
A2 Mouche, Pierre, von
A2 Quartieri, Federico
AB In this paper we attempt to rationalize markups in a sample of Spanish manufacturing by assuming a representative consumer, proft-maximizing firms and constant returns to scale. We find that the standard forms of demand (CES and linear) do not provide a good explanation of markups. In contrast, a model where the representative consumer has an exponential utility function yields results that match data more closely.
PB Springer
SN 978-3-319-29253-3
YR 2010
FD 2010-11-02
LK https://hdl.handle.net/20.500.14352/45223
UL https://hdl.handle.net/20.500.14352/45223
LA eng
NO Este documento se publico en 2016: “Interpreting markups in Spanish manufacturing: the exponential model” (con L.C. Corchón) en Pierre von Mouche and Federico Quartieri (eds.): Equilibrium Theory for Cournot Oligopolies and Related Games: Essays in Honour of Koji Okuguchi, Ed. Springer, 2016. ISBN 978-3-319-29253-3.
NO ECO2008-02738/ECON
NO SEJ2007-66520/ECON
DS Docta Complutense
RD 8 abr 2025