Markup heterogeneity, export status ans the establishment of the euro
Sarah Guillou () and
Lionel Nesta ()
Working Papers from HAL
We investigate the effects of the establishment of the euro on the markups of French manufacturing firms. Merging firm-level census data with customs data, we estimate time-varying firm-specific markups and distinguish between eurozone exporters from other firms between 1995 and 2007. We find that the establishment of the euro has had a pronounced pro-competitive impact by reducing firm markups by 14 percentage points. By reducing export costs, the euro represented an opportunity for eurozone exporters to increase their margins relative to other firms. Quantile regressions show that the euro has led to a reduction in the variance of markups.
Keywords: Markups; Heterogeneity; Euro; Competition; Export destinations (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eec and nep-int
Note: View the original document on HAL open archive server: https://hal-sciencespo.archives-ouvertes.fr/hal-01101153
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Working Paper: Markup Heterogeneity, Export Status and the Establishment of the Euro (2017)
Working Paper: Markup Heterogeneity, Export Status and the Establishment of the Euro (2015)
Working Paper: Markup heterogeneity, export status ans the establishment of the euro (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-01101153
Access Statistics for this paper
More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().