Price and Markup Behaviour in Manufacturing A Cross Country Study
Looking at regularities that exist across countries and industries, Olive (economics, U. of New South Wales, Australia) estimates an industry pricing consideration that allows for some general statements about the influences of firm pricing and markup behavior over a range of manufacturing markets. With a sample including large, medium, and small economies, he reviews the structure--conduct--performance paradigm and its relationship to the new empirical industrial organization. Five themes r elated to models of pricing are then compared and lessons from the literature are discussed. Annotation copyrighted by Book News, Inc., Portland, OR