Heterogeneity of market power: firm-level evidence

Yılmaz, Ensar; Kaplan, Zeynep

doi:10.1007/s10644-021-09350-8

Cited by 3 publications

(2 citation statements)

References 32 publications

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“…Another microeconomic study that derives corporate markups from the estimation of a firm-level production function has been recently conducted by Yilmaz and Kaplan (2021). Using a large sample of Turkish manufacturing firms, they identify a negative relationship between the labour share of firms and their markups and observe that large firms with high markups spend less on labour.…”

Section: Labour Sharementioning

confidence: 99%

Untitled

2022

Theor. Pract. Res. Econom. Fields

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Many economists today are concerned by the proliferation of journals and the concomitant labyrinth of research to be conquered in order to reach the specific information they require. To combat this tendency, Theoretical and Practical Research in Economic Fields has been conceived and designed outside the realm of the traditional economics journal. It consists of concise communications that provide a means of rapid and efficient dissemination of new results, models and methods in all fields of economic research.Theoretical and Practical Research in Economic Fields publishes original articles in all branches of economics -theoretical and empirical, abstract, and applied, providing wide-ranging coverage across the subject area.Journal promotes research that aim at the unification of the theoretical-quantitative and the empirical-quantitative approach to economic problems and that are penetrated by constructive and rigorous thinking. It explores a unique range of topics from the frontier of theoretical developments in many new and important areas, to research on current and applied economic problems, to methodologically innovative, theoretical, and applied studies in economics. The interaction between practical work and economic policy is an important feature of the journal.Theoretical and Practical Research in Economic Fields, starting with its first issue, it is indexed in RePEC, ProQuest, Cabell Directories and CEEOL databases.The primary aim of the Journal has been and remains the provision of a forum for the dissemination of a variety of international issues, practical research, and other matters of interest to researchers and practitioners in a diversity of subject areas linked to the broad theme of economic sciences.At the same time, the journal encourages the interdisciplinary approach within the economic sciences, this being a challenge for all researchers.The advisory board of the journal includes several distinguished scholars who have fruitfully straddled disciplinary boundaries in their academic research.All the papers will be first considered by the Editors for general relevance, originality, and significance. If accepted for review, papers will then be subject to double blind peer review.

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Section: Labour Sharementioning

confidence: 99%

Untitled

2022

Theor. Pract. Res. Econom. Fields

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Section: Labour Sharementioning

confidence: 99%

Macroeconomic Dynamics and the Role of Market Power. The Case of Italy

Mondolo

2022

Theor. Pract. Res. Econom. Fields

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In recent years, the US and other advanced countries have experienced macroeconomic dynamics which raise some concerns and which, according to the literature, are at least partly attributable to a rise in product market power. This study mainly aims to understand how Italy performs in terms of five relevant economic variables (i.e., domestic investment rate, labour share, labour force participation, wage inequality and economic dynamism), and whether firms’ markups are on the rise. The picture that emerges is mixed, and the negative performance in terms of business dynamism and wage dispersion may be ascribable to an increase in product market power. The firm-level analysis of the Italian manufacturing sector for the years 2011-2018, which complements previous empirical analysis on product market power in this country and accounts for labour market power as well, reveals an increment in the average markup which, however, is not particularly pronounced and unsettling, and which is preceded by a period of steady decline. Moreover, this trend is accompanied by a more remarkable increase in the workers’ labour market power, which helps explain the modest growth in the revenue-based labour share observed during the same period.

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Determinants of the innovation efficiency of strategic emerging enterprises: evidence from the robust frontiers

Wang

Zhang

et al. 2023

Econ Change Restruct

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Heterogeneity of market power: firm-level evidence

Cited by 3 publications

References 32 publications

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Macroeconomic Dynamics and the Role of Market Power. The Case of Italy

Determinants of the innovation efficiency of strategic emerging enterprises: evidence from the robust frontiers

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