Tamminen, Saara; Chang, Han-Hsin - In: The Journal of International Trade & Economic Development 22 (2013) 1, pp. 140-159
Many theoretical models assume that the markup of price over marginal costs is the same for all firms in a sector, irrespective of firm size, type, or efficiency. We analyze the distribution of markups for 70 Finnish sectors using a complete dataset, including both manufacturing and services...