Considerações sobre o nível ótimo de mark-up implícito num regime de concorrência

Juan Carlos Lerda

Brazilian Review of Econometrics, 1984, vol. 4, issue 1

Abstract: The profit maximizing theory of the competitive firm in the short run is presented as a funtion of its cost structure and the optimal level of implicit mark-up. Then, several well-known relationships of the neoclassical theory are expressed using the notion of optimal level of implicit mark-up. Finally, some of the previous results are used to explore - as a first approximation - three hypoteses concerning the expected mark-up variations along the cycle. The preliminary conclusion favors the anti-cyclical hypothesis.

Date: 1984
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