Biblioteca de la Universidad Complutense de Madrid

The effect of international trade on mark-ups distribution

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Moreno Martín, Lourdes y Rodriguez Rodriguez, Diego (2009) The effect of international trade on mark-ups distribution. [ ] (No publicado)

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URL Oficial: http://eprints.ucm.es/9852/




Resumen

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 that lets us to identify individual mark-ups. The results point out that tougher competition associated to openness reduces the average of 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 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).


Tipo de documento:Documento de trabajo o Informe técnico
Información Adicional:

JEL Classification Numbers: F12, L60, L13

Palabras clave:Markups, Marginal costs, Size, Openness
Materias:Ciencias Sociales > Economía > Economía internacional
Ciencias Sociales > Economía > Economía industrial
Ciencias Sociales > Economía > Comercio
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Código ID:9852
Depositado:08 Feb 2010 09:07
Última Modificación:06 Feb 2014 08:32

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