Working Paper Series, Department of Economics, Uppsala University
Teodora Borota Milicevic
Markups from Inventory Data and Export Intensity
() and Mikael Carlsson
Abstract: In this paper we propose a novel method for the price-cost
markup estimation and study the relationship between export intensity and
the markup. We impose much less restrictive identifying assumptions on
technology and adjustment frictions compared to previous studies and use
Swedish firm-level inventory data on finished goods of own production to
measure the markup. Furthermore, as we are using data on a quarterly
frequency, we are able to provide novel results on the dynamic adjustment
of the markup related to changes in export intensity.
Keywords: price markups; export intensity; capacity utilization; exporter pricing; (follow links to similar papers)
JEL-Codes: D22; D24; F14; L11; L60; (follow links to similar papers)
22 pages, August 17, 2016
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