dc.contributor.author | Klette, Tor Jakob | |
dc.coverage.spatial | Norway | en_US |
dc.date.accessioned | 2020-08-24T08:40:18Z | |
dc.date.available | 2020-08-24T08:40:18Z | |
dc.date.issued | 1993-07 | |
dc.identifier.issn | 0803-074X | |
dc.identifier.uri | https://hdl.handle.net/11250/2673527 | |
dc.description.abstract | This paper presents an integrated study of price-cost margins and scale economies. The model is estimated on the basis of a comprehensive data set for individual establishments covering almost the whole Norwegian manufacturing sector over the period 1975-90. For most manufacturing industries prices significantly exceed marginal costs. However, the price cost margins are fairly small (1.06-1.16) compared to other findings by Hall (1988) and others. There is a tendency for larger finns to obtain a higher markup. None of the samples reveals significant scale economies, while 7 out of 20 samples exhibit moderate decreasing returns. | en_US |
dc.description.sponsorship | Financial support from NORAS/LOS is gratefully acknowledged. | en_US |
dc.language.iso | eng | en_US |
dc.publisher | Statistisk sentralbyrå | en_US |
dc.relation.ispartofseries | Discussion Paper;No. 93 | |
dc.rights | Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal | * |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/4.0/deed.no | * |
dc.subject | Market power | en_US |
dc.subject | Scale economies | en_US |
dc.subject | Panel data | en_US |
dc.title | Is price equal to marginal costs? - An integrated study of price-cost margins and scale economies among Norwegian manufacturing establishments 1975-90 | en_US |
dc.type | Working paper | en_US |
dc.subject.nsi | VDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212 | en_US |
dc.source.pagenumber | 57 | en_US |