Econometrica· 2016Q1
Prices, Markups, and Trade Reform
- 988citations
- Q1SCImago
- 2016year
Short summary
Trade liberalization in India led to a 10-17% increase in firm-level markups, suggesting firms used reform to raise prices rather than pass on cost savings.
AI-generated from the title and abstract; the full text is not read.
Key points
- Trade liberalization in India (1991) was associated with increased firm markups.
- Markups rose by 10-17% at the firm level following the reforms.
- Firms appear to have used reform to increase prices, not decrease costs.
- The study uses firm-level data to analyze pricing behavior.
AI-generated from the title and abstract; the full text is not read.
Abstract
status: Published
The authors' abstract, as published at the source. Econometrica, 2016 · DOI ↗
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Field: General Economics, Econometrics and Finance
General Economics, Econometrics and FinanceEconomics, Econometrics and Finance