Mark-ups in the Hungarian Corporate Sector

László Halpern () and Gabor Korost
Authors registered in the RePEc Author Service: Gabor Korosi

No 411, William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan Stephen M. Ross Business School

Abstract: One of the major tasks facing a transition economy is to create the competitive environment of a properly functioning market economy. This paper attempts to analyze the relationship of market structure, market imperfections and corporate performance by mark-up pricing. There is clear evidence for the existence of such market imperfections. However, these imperfections cannot be attributed to one single factor. We develop a varying coefficient model for the relationship between the factors facilitating rent-collection and the sectoral mark-ups.

Keywords: firms in transition economy; market imperfections; mark-up pricing (search for similar items in EconPapers)
JEL-codes: C23 D21 D24 (search for similar items in EconPapers)
Date: 2001-08-01
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Persistent link: http://EconPapers.repec.org/RePEc:wdi:papers:2001-411

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