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- W3146063269 abstract "In this paper we attempt to rationalize markups in a sample of Spanish manufacturing by assuming a representative consumer, profit-maximizing firms and constant returns to scale. We find that the standard forms of demand (CES and linear) do not provide a good explanation of markups. In contrast, a model where the representative consumer has an exponential utilty function yields results that match data more closely." @default.
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- W3146063269 date "2010-01-01" @default.
- W3146063269 modified "2023-09-24" @default.
- W3146063269 title "Interpreting markups in Spanish manufacturing: The exponential model" @default.
- W3146063269 hasPublicationYear "2010" @default.
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