Industry structure and the dynamics of price adjustment

被引：7

作者：

Banerjee, A ^{[1
]}

Russell, B ^{[1
]}

机构：

[1] European Univ Inst, Dept Econ, I-50016 San Domenico Di Fiesole, Italy

来源：

APPLIED ECONOMICS | 2001年 / 33卷 / 15期

关键词：

D O I：

10.1080/00036840010021131

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Using annual US data for gross domestic product originating by sector between 1947 and 1997 it is shown that a negative long-run relationship between inflation and the markup is present across the sectors as well as in the aggregate data. A preliminary explanation based on industry structure is explored for the relative sizes of the impact of inflation on the markup in the long-run for the various sectors.

引用

页码：1889 / 1901

页数：13

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