G2TT
来源类型Discussion paper
规范类型论文
来源IDDP17490
DP17490 The remarkable stability of the US manufacturing markups
Jordi Jaumandreu
发表日期2022-07-22
出版年2022
语种英语
摘要Many economists believe that US markups have been rising in the latest years. The recent release of the updated NBER-CES database, that aggregates the results of the Survey of Manufactures/Census of Manufactures 1958-2018 (61 years) in 473 industries, allows us to scrutinize this idea in manufacturing. We show that firms’ average markups over the last 20 years have been remarkably stable, and confirm this finding using firm-level data from Compustat. We then look at reasons by which it is easy to have illusions of rising markups. Surprisingly, they imply that we cannot discard the fact that the markup was stable the precedent 20 years too.
主题Industrial Organization
URLhttps://cepr.org/publications/dp17490
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/546585
推荐引用方式
GB/T 7714
Jordi Jaumandreu. DP17490 The remarkable stability of the US manufacturing markups. 2022.
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