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Price and Markup Behaviour in Manufacturing - 9781840647303
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Item specifics
- Condition
- Book Title
- Price and Markup Behaviour in Manufacturing
- ISBN
- 9781840647303
- Publication Year
- 2002
- Type
- Textbook
- Format
- Hardcover
- Language
- English
- Publication Name
- Price and Markup Behaviour in Manufacturing: a Cross Country Study
- Item Height
- 234 mm
- Publisher
- Edward Elgar Publishing LTD
- Subject
- Economics, Business
- Item Width
- 156 mm
- Number of Pages
- 168 Pages
About this product
Product Information
Price and Markup Behaviour in Manufacturing examines the role that cost, competing domestic and foreign prices, domestic demand and market structure play in determining the price and markup of manufacturing firms across a range of countries and industries. Michael Olive models imperfectly competitive behaviour at the firm level, establishing logical relationships between these variables. Aggregating these relationships gives predictions for price and markup at the industry level. Empirical analysis is carried out by estimating a pricing equation for 11 industrialised countries in Asia, Europe and North America, and for 24 International Standard Industrial Classification industries from 1970 to 1991. The results exhibit a pattern of incomplete pass-through from competing foreign price into industry price and markups that are not fixed. The author illustrates that for higher levels of industry concentration cost becomes less influential in determining industry price, while the opposite is true for competing domestic and foreign prices. This comprehensive and thorough examination of the literature on pricing, the innovative model development and the comparative analysis in this study will be of great interest to government policymakers and academics wanting to keep abreast of new developments in the area of pricing and markup.
Product Identifiers
Publisher
Edward Elgar Publishing LTD
ISBN-13
9781840647303
eBay Product ID (ePID)
90400462
Product Key Features
Subject
Economics, Business
Publication Year
2002
Number of Pages
168 Pages
Publication Name
Price and Markup Behaviour in Manufacturing: a Cross Country Study
Language
English
Type
Textbook
Format
Hardcover
Dimensions
Item Height
234 mm
Item Width
156 mm
Additional Product Features
Country/Region of Manufacture
United Kingdom
Item description from the seller
Seller business information
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