info:eu-repo/semantics/article
An Empirical Analysis of Mark-ups in the Argentine Manufacturing Sector
Fecha
2014-05Registro en:
Brambilla, María Irene; Tortarolo, Darío; An Empirical Analysis of Mark-ups in the Argentine Manufacturing Sector; Universidad Nacional de La Plata. Facultad de Ciencias Económicas; Serie Documentos de Trabajo; 104; 5-2014; 1-28
1853-3930
CONICET Digital
CONICET
Autor
Brambilla, María Irene
Tortarolo, Darío
Resumen
In this paper, we estimate mark-ups with plant level production data for Argentina from a structural model of cost-minimizing producers, as proposed by De Loecker and Warzynski (2012). We explore systematic differences across industries and plants. Our main findings are that mark-ups are higher in capital-intensive industries, and for plants that are more productive, larger, and more capital-intensive. Our findings are consistent with theories that predict larger mark-ups for more efficient firms and for higher quality products.