TY  - BOOK
AU  - Andrade,Philippe
AU  -  Carré,Martine
AU  -  Bénassy-Quéré,Agnès
TI  - VAT and Mark-Up Variations: An Empirical Analysis of Corporate Data Provided by French Exporters
PY  - 2014///.
							
N1  - 19
N2  - We study how French exporters react to a VAT shock in a destination country. As VAT shocks are by nature almost permanent, exogenous, and without impact on marginal costs, the subsequent price reaction makes it possible to identify a pure demand-led mark-up adjustment. The results of an analysis of French customs data for 1995-2005 indicate a 67 % average mark-up adjustment for consumer goods. The adjustment is greaterfor companies, sectors, and destinations with a relatively higher market share. We then use our estimates and the Atkeson-Burstein (2008) theoretical framework to derive the distribution of mark-up adjustments of the various sector-destination pairs
UR  - https://shs.cairn.info/journal-economie-et-prevision-2012-2-page-1?lang=en
ER  -