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Comparative advantages in estimating markups

Author

Listed:
  • Henry Nieuwenhuijsen
  • Gerrit de Wit
  • Frank Hindriks

Abstract

Vergelijking van drie modellen voor het schatten van prijs-/kostenmarges in de industrie. De prijs-/ kostenmarge geeft een indicatie van de mate van concurrentie tussen bedrijven. Die is van belang voor consumenten, omdat zij te veel betalen als er te weinig concurrentie is. Complexere leveren niet zonder meer betere resultaten. In het algemeen kan gesteld worden dat de extra middelen die nodig zijn om de complexere modellen toe te passen niet opwegen tegen de eventuele verbetering van de uitkomsten. De uitzondering op deze regel is de situatie waarin bij voorbaat al relatief veel bekend is over de te onderzoeken sector. Met name in een dergelijke situatie is de kans groot dat het gebruik van meer middelen zich vertaalt in een grotere kwaliteit van de resultaten.

Suggested Citation

  • Henry Nieuwenhuijsen & Gerrit de Wit & Frank Hindriks, 2000. "Comparative advantages in estimating markups," Scales Research Reports H200003, EIM Business and Policy Research.
    • Handle: RePEc:eim:papers:h200003
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Flora Bellone & Patrick Musso & Lionel Nesta & Frédéric Warzynski, 2009. "L'effet pro-concurrentiel de l'intégration européenne. Une analyse de l'évolution des taux de marge dans les industries manufacturières françaises," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(1), pages 139-163.
    2. repec:spo:wpmain:info:hdl:2441/eu4vqp9ompqllr09hc03295hg is not listed on IDEAS
    3. repec:hal:spmain:info:hdl:2441/eu4vqp9ompqllr09hc03295hg is not listed on IDEAS
    4. Hervé Boulhol, 2008. "The Upward Bias of Markups Estimated from the Price-Based Methodology," Annals of Economics and Statistics, GENES, issue 89, pages 131-156.
    5. Hervé Boulhol, 2004. "Capital quasi-fixity and the estimation of markups," Post-Print halshs-00193298, HAL.
    6. Hervé Boulhol, 2004. "Capital quasi-fixity and the estimation of markups," Cahiers de la Maison des Sciences Economiques bla05005, Université Panthéon-Sorbonne (Paris 1).

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    More about this item

    JEL classification:

    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General

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