Surveys of Applied Economics: Price Behaviour of Firms

Estrategias de ajuste ante choques económicos de oferta y demanda: resultados de una encuesta a empresas mexicanas

“…La Estructura del Mercado y el Ajuste de los Precios En la literatura internacional, diversos documentos teóricos enfocados al estudio de la relación existente entre la estructura de mercado y el comportamiento de los precios, coinciden en que a menor concentración de mercado, mayor flexibilidad de precios (uno de los primeros análisis del tema se encuentra en Mills (1927); ver también Silberston (1970), Domberger (1977) y Carlton (1989)). Adicionalmente existen estudios empíricos que documentan esta relación negativa entre la concentración de mercado y la flexibilidad de precios (ver por ejemplo Dixon (1983), Carlton (1986), Bedrossian y Moschos (1988), Weiss (1993Weiss ( ,1995 y Fabiani et al (2006)).…”

Wholesale pricing in a small open economy

“…It is not our aim to confront both approaches and to spell out all (theoretical) differences; such has been sufficiently done elsewhere (see Silberston, 1970;Koutsoyiannis, 1980;Van Witteloostuijn, 1988;and others). Instead, elements from both pricing theories are combined in an attempt to reconcile both approaches at the empirical level.…”

A note on the role of demand in the price formation

“…* Cross-sectional analysis, on the other hand, is often plagued by a lack of data on demand factors3 We are able to overcome this difficulty by the use of various survey data, from industry and over time, on demand conditions. In addition to the dummy variable that distinguishes between 'strand and ' For a survey see, e.g., Silberston (1970). Though the present author has not had a chance to read, The It is only fair to note that Nordhaus and Godley (1972) are very careful in avoiding this pitfall when they I derive their conclusion that demand plays no role.…”