The Dynamics of Price Cost Margins: Evidence from UK Manufacturing
Görg, Holger
The Dynamics of Price Cost Margins: Evidence from UK Manufacturing - 2006.
10
This paper estimates the dynamics of price cost margins in UK manufacturing over the period 1989-1997 and links it to the implementation of the Single Market Program. Using the Hall-Roeger methodology, we find a dramatic decline in price cost margins by 25% after 1990. This suggests that firms anticipated the competitive shock induced by the Single Market Program, which created a more competitive environment.JEL Classification: F1, L1, L6.
The Dynamics of Price Cost Margins: Evidence from UK Manufacturing - 2006.
10
This paper estimates the dynamics of price cost margins in UK manufacturing over the period 1989-1997 and links it to the implementation of the Single Market Program. Using the Hall-Roeger methodology, we find a dramatic decline in price cost margins by 25% after 1990. This suggests that firms anticipated the competitive shock induced by the Single Market Program, which created a more competitive environment.JEL Classification: F1, L1, L6.
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