Mark-Up Pricing in Bulgarian Manufacturing

Rumen Dobrinsky, Boyko Nikolov and Nikolay Markov

No 389, William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan

Abstract: The pricing policy of Bulgarian manufacturing firms is analysed in the paper in the context of the theory of the price-setting behaviour of firms endowed with market power, and more specifically, using the notion of mark-up pricing. Using some recent derivations in the literature, we estimate mark-up ratios for Bulgarian manufacturing sectors at the NACE 2-digit and NACE 3-digit levels. The estimated mark-ups are then tested against a set of variables measuring the degree of competitive pressure on a sectoral level.

Keywords: mark-up pricing; competetive pressure; enterprise restructuring and adjustment; Bulgaria (search for similar items in EconPapers)
JEL-codes: C23 D21 D24 (search for similar items in EconPapers)
Pages: pages
Date: 2001-06-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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