Econometric Evidence on the Determinants of the Mark Up of Industrial Brazilian Firms in the 1990s

Carmem Feijo and Luiz Fernando Cerqueira
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Luiz Fernando Cerqueira: Fluminense Federal University (UFF), Brazil

Economia, 2013, vol. 14, issue 1a, . 91_119

Abstract: Our aim in this paper is to investigate in econometric terms the determinants of mark up in the Brazilian industrial firms in the 1990s. Several regressions using panel data were tested to describe the behavior of the mark up of industrial firms. All models considered microeconomic and macroeconomic variables. A negative relation was found between demand variation and mark up variation, suggesting that it evolved in an anticyclic way. This behavior is explained based on the increase degree of uncertainty that surrounded changes in the macroeconomic scenario in the 1990s..

Keywords: Estimation with Panel Data; Pricing; Mark Up Determination (search for similar items in EconPapers)
JEL-codes: L11 L16 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (1)

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