Dobbelaere, Sabien; Mairesse, Jacques - Tinbergen Instituut - 2009
.1002/jae.1256 Embedding the efficient bargaining model into the R. Hall (1988) approach for estimating price-cost margins shows … materials and their shares in revenue, we are able to derive estimates of average price-cost mark-up and extent of rent sharing … estimates of the price-cost mark-up ignoring labor market imperfections is of 1.10, while as expected it is higher of 1.20 when …