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How Costly Are Markups?
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What this work says
Outgoing claims: the papers this work cites, builds on, or argues with.
inferredcites →https://doi.org/10.1016/j.jmoneco.2021.05.004openalex-snapshot
Some unpleasant markup arithmetic: Production function elasticities and their estimation from production data
inferredcites →https://doi.org/10.1016/j.red.2008.05.002openalex-snapshot
Policy distortions and aggregate productivity with heterogeneous establishments
inferredcites →https://doi.org/10.1016/s0165-1765(02)00181-7openalex-snapshot
A homothetic utility function for monopolistic competition models, without constant price elasticity
inferredcites →https://doi.org/10.1086/653690openalex-snapshot
Innovation, Firm Dynamics, and International Trade
inferredcites →https://doi.org/10.1086/682397openalex-snapshot
Reallocation in the Great Recession: Cleansing or Not?
inferredcites →https://doi.org/10.1086/700732openalex-snapshot
Monopolistic Competition and Optimum Product Diversity under Firm Heterogeneity
inferredcites →https://doi.org/10.1086/701823openalex-snapshot
Aggregate Implications of Innovation Policy
inferredcites →https://doi.org/10.1093/qje/qjaa004openalex-snapshot
The Fall of the Labor Share and the Rise of Superstar Firms*
inferredcites →https://doi.org/10.1093/qje/qjaa017openalex-snapshot
Quantifying the Gap Between Equilibrium and Optimum under Monopolistic Competition*
inferredcites →https://doi.org/10.1093/qje/qjab002openalex-snapshot
The Micro-Level Anatomy of the Labor Share Decline*
inferredcites →https://doi.org/10.1093/qje/qjz030openalex-snapshot
Productivity and Misallocation in General Equilibrium
inferredcites →https://doi.org/10.1093/qje/qjz041openalex-snapshot
The Rise of Market Power and the Macroeconomic Implications*
inferredcites →https://doi.org/10.1093/restud/rdq031openalex-snapshot
Prices and Exchange Rates: A Theory of Disconnect
inferredcites →https://doi.org/10.1111/ecca.12191openalex-snapshot
Real Rigidities and Nominal Price Changes
inferredcites →https://doi.org/10.1111/jofi.12909openalex-snapshot
Declining Labor and Capital Shares
inferredcites →https://doi.org/10.1146/annurev-economics-080218-025523openalex-snapshot
Transitional Dynamics in Aggregate Models of Innovative Investment
inferredcites →https://doi.org/10.1162/qjec.2009.124.4.1403openalex-snapshot
Misallocation and Manufacturing TFP in China and India *
inferredcites →https://doi.org/10.1257/jep.33.3.3openalex-snapshot
Are Price-Cost Markups Rising in the United States? A Discussion of the Evidence
inferredcites →https://doi.org/10.1257/mac.20170303openalex-snapshot
Monopoly Power and Endogenous Product Variety: Distortions and Remedies
inferredcites →https://doi.org/10.1257/mac.3.2.1openalex-snapshot
Intermediate Goods and Weak Links in the Theory of Economic Development
inferredcites →https://doi.org/10.1353/eca.2017.0013openalex-snapshot
Investmentless Growth: An Empirical Investigation
inferredcites →https://doi.org/10.2307/2078048openalex-snapshot
The Quantitative Analytics of the Basic Neomonetarist Model
inferredcites →https://doi.org/10.2307/2967480openalex-snapshot
The Concept of Monopoly and the Measurement of Monopoly Power
inferredcites →https://doi.org/10.3982/ecta15565openalex-snapshot
Heterogeneous Markups, Growth, and Endogenous Misallocation
inferredcites →https://doi.org/10.3982/ecta9986openalex-snapshot
Monopolistic Competition: Beyond the Constant Elasticity of Substitution
What points at this work
Incoming claims: where this work appears in other papers’ reference lists and arguments.
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Productivity, Markups, and Reallocation: Evidence From French Manufacturing Firms
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注意力争夺与平台内竞争 (Battle for Attention and Intra-platform Competition)
inferred← citeshttps://doi.org/10.2139/ssrn.4823480openalex-extracted
Macroeconomic and Monetary Policy Implications of Limited Participation
inferred← citeshttps://doi.org/10.1002/agr.21711openalex-snapshot
Markup estimation: A comparison of contemporary methods at the example of European food retailers
inferred← citeshttps://doi.org/10.1002/mde.4565openalex-snapshot
Tax Enforcement and Corporate Labor Income Share: Evidence From a Quasi‐Natural Experiment in China
inferred← citeshttps://doi.org/10.1007/s00181-024-02624-wopenalex-snapshot
Measuring Market Power: Macro and Micro Evidence from Italy
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Has corporate greed driven inflation in the European Union? An analysis of the food and beverage industry
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Do larger firms exert more market power? Markups and markdowns along the size distribution
inferred← citeshttps://doi.org/10.1016/j.econmod.2024.106818openalex-snapshot
Entry cost, fixed cost and markup: Theory and evidence from the impact of corruption on prices
inferred← citeshttps://doi.org/10.1016/j.econmod.2025.107217openalex-snapshot
Zombie firms in network: Congestion and evergreening
inferred← citeshttps://doi.org/10.1016/j.econmod.2026.107530openalex-snapshot
Effect of environmental protection tax law on firm markup
inferred← citeshttps://doi.org/10.1016/j.euroecorev.2025.105058openalex-snapshot
Endogenous business cycles with small and large firms
inferred← citeshttps://doi.org/10.1016/j.euroecorev.2025.105112openalex-snapshot
On a pecuniary externality of competitive banking through goods pricing dispersion
inferred← citeshttps://doi.org/10.1016/j.euroecorev.2025.105193openalex-snapshot
The working capital channel
inferred← citeshttps://doi.org/10.1016/j.ijindorg.2024.103131openalex-snapshot
Industrial organization and The Rise of Market Power
inferred← citeshttps://doi.org/10.1016/j.ijindorg.2025.103161openalex-snapshot
The equilibrium effects of environmental regulation on heterogeneous competing firms: Theory and evidence from Chinese manufacturing
inferred← citeshttps://doi.org/10.1016/j.ijindorg.2026.103260openalex-snapshot
Markups and business dynamism across industries
inferred← citeshttps://doi.org/10.1016/j.jbankfin.2026.107690openalex-snapshot
Monetary policy transmission, bank market power, and wholesale funding reliance
inferred← citeshttps://doi.org/10.1016/j.jce.2023.08.003openalex-snapshot
The rise of superstar firms in the United States: The role of global sourcing
inferred← citeshttps://doi.org/10.1016/j.jdeveco.2024.103353openalex-snapshot
Trade liberalization, labor market power, and misallocation across firms: Evidence from China's WTO accession
inferred← citeshttps://doi.org/10.1016/j.jebo.2026.107747openalex-snapshot
A new partial-equilibrium approach to approximating the welfare effects of market power and taxes
inferred← citeshttps://doi.org/10.1016/j.jedc.2024.104874openalex-snapshot
Output-inflation trade-offs and the optimal inflation rate
inferred← citeshttps://doi.org/10.1016/j.jedc.2025.105204openalex-snapshot
Demand-side real rigidities revisited
inferred← citeshttps://doi.org/10.1016/j.jeem.2025.103130openalex-snapshot
Markup dispersion, industry coverage and the cost of environmental regulation
inferred← citeshttps://doi.org/10.1016/j.jet.2026.106218openalex-snapshot
Time use and heterogeneous markups
inferred← citeshttps://doi.org/10.1016/j.jinteco.2024.104028openalex-snapshot
The pro-competitive consequences of trade in frictional labor markets
inferred← citeshttps://doi.org/10.1016/j.jinteco.2026.104238openalex-snapshot
Preferential credit policy with sectoral markup heterogeneity
inferred← citeshttps://doi.org/10.1016/j.jmoneco.2023.12.001openalex-snapshot
Consumer demand and credit supply as barriers to growth for Black-owned startups
inferred← citeshttps://doi.org/10.1016/j.jmoneco.2024.103683openalex-snapshot
Style over substance? Advertising, innovation, and endogenous market structure
inferred← citeshttps://doi.org/10.1016/j.jmoneco.2026.103946openalex-snapshot
Bank concentration, product market competition and productivity growth
inferred← citeshttps://doi.org/10.1016/j.jmoneco.2026.103997openalex-snapshot
Investment-goods market power and capital accumulation
inferred← citeshttps://doi.org/10.1016/j.red.2022.12.005openalex-snapshot
Misallocation and intersectoral linkages
inferred← citeshttps://doi.org/10.1016/j.regsciurbeco.2025.104155openalex-snapshot
Does the urban wage premium imply a higher firms’ labor share in big cities?
inferred← citeshttps://doi.org/10.1016/j.strueco.2026.09.001openalex-snapshot
How intelligent manufacturing shapes markups: A quasi-natural experiment in China
inferred← citeshttps://doi.org/10.1016/j.worlddev.2025.106971openalex-snapshot
Place-based policies, pro-competitive effects, and allocative efficiency: Evidence from China’s economic zones
inferred← citeshttps://doi.org/10.1017/9781009743433openalex-snapshot
An Evolutionary Approach to Secular Stagnation
inferred← citeshttps://doi.org/10.1017/s1365100525100199openalex-snapshot
Mergers and acquisitions and the aggregate markup
inferred← citeshttps://doi.org/10.1080/00036846.2026.2692648openalex-snapshot
Digital government, policy synergy, and export resilience of enterprises
inferred← citeshttps://doi.org/10.1080/13504851.2024.2449543openalex-snapshot
Government procurement and firm’s market power——Evidence from China
inferred← citeshttps://doi.org/10.1080/13547860.2026.2727150openalex-snapshot
Does servicification affect firm markup? Evidence from Indian manufacturing
inferred← citeshttps://doi.org/10.1086/731796openalex-snapshot
The Incidence and Distributional Effects of the Corporate Income Tax: The Role of Rent Sharing
inferred← citeshttps://doi.org/10.1086/733772openalex-snapshot
Trends in Competition in the United States: What Does the Evidence Show?
inferred← citeshttps://doi.org/10.1086/741162openalex-snapshot
Environmental Regulation, Labor Income Share, and Implications for Inequality
inferred← citeshttps://doi.org/10.1093/ej/ueae001openalex-snapshot
Estimating the Cost of Capital and the Profit Share
inferred← citeshttps://doi.org/10.1093/ej/ueaf059openalex-snapshot
The Increase in Turbulence and Market Power
inferred← citeshttps://doi.org/10.1093/icc/dtag034openalex-snapshot
The direction of digital transformation: labor-saving versus time-saving trajectories in industrial dynamics
inferred← citeshttps://doi.org/10.1093/jeg/lbaf066openalex-snapshot
Knowledge gaps, convergence, and growth
inferred← citeshttps://doi.org/10.1093/qje/qjaf032openalex-snapshot
Aggregation and the Estimation of Quality Change: Application to U.S. Import Prices
inferred← citeshttps://doi.org/10.1093/qje/qjag012openalex-snapshot
Monetary Policy and Sovereign Risk in Emerging Economies (NK-Default)
inferred← citeshttps://doi.org/10.1093/restud/rdag110openalex-snapshot
Are Markups Too High? Competition, Strategic Innovation, and Industry Dynamics
inferred← citeshttps://doi.org/10.1108/cms-04-2025-0406openalex-snapshot
Does digital supply chain management affect labor share? Firm-level evidence
inferred← citeshttps://doi.org/10.1108/cr-02-2026-0148openalex-snapshot
Market power, resource misallocation and productivity in an emerging export economy: evidence from Vietnam
inferred← citeshttps://doi.org/10.1108/jes-05-2024-0317openalex-snapshot
How do sectoral elasticities affect the transmission of monetary shocks?
inferred← citeshttps://doi.org/10.1111/1467-8454.12386openalex-snapshot
Effective Market Power and Welfare Loss
inferred← citeshttps://doi.org/10.1111/ecin.70050openalex-snapshot
Strengthening the micro origins of macro multipliers via partial insurance and increasing returns
inferred← citeshttps://doi.org/10.1111/ecot.12427openalex-snapshot
The dynamics of product and labour market power: Evidence from Lithuania
inferred← citeshttps://doi.org/10.1111/iere.70109openalex-snapshot
Heterogeneous Markups Cyclicality and Monetary Policy
inferred← citeshttps://doi.org/10.1111/irel.70036openalex-snapshot
Collective Bargaining and Monopsony: The Regulation of Noncompete Agreements in France
inferred← citeshttps://doi.org/10.1111/jmcb.13158openalex-snapshot
Monetary Policy and Welfare with Heterogeneous Firms and Endogenous Entry
inferred← citeshttps://doi.org/10.1111/joes.12637openalex-snapshot
Carbon market integration, productivity, and welfare: A quantitative analysis
inferred← citeshttps://doi.org/10.1111/joes.70160openalex-snapshot
Aggregate Market Power: Measurement, Drivers, and Macroeconomic Effects
inferred← citeshttps://doi.org/10.1111/roie.70048openalex-snapshot
Trade Liberalization and Labor Market Monopsony Power: Evidence From China
inferred← citeshttps://doi.org/10.1111/twec.70019openalex-snapshot
Digital Product Imports and Markups: Evidence From Chinese Multi‐Product Exporters
inferred← citeshttps://doi.org/10.1146/annurev-economics-081624-080143openalex-snapshot
Markups and Markdowns
inferred← citeshttps://doi.org/10.1146/annurev-economics-081624-082324openalex-snapshot
Homothetic Non-CES Demand Systems with Applications to Monopolistic Competition
inferred← citeshttps://doi.org/10.1146/annurev-economics-100825-105527openalex-snapshot
The Macroeconomics of Market Power
inferred← citeshttps://doi.org/10.1162/rest_a_01281openalex-snapshot
Endogenous Firm Competition and the Cyclicality of Markups
inferred← citeshttps://doi.org/10.1257/aer.20200025openalex-snapshot
Monopsony in the US Labor Market
inferred← citeshttps://doi.org/10.1257/aer.20211445openalex-snapshot
Optimal Taxation and Market Power
inferred← citeshttps://doi.org/10.1257/aer.20220522openalex-snapshot
Information Technology and Returns to Scale
inferred← citeshttps://doi.org/10.1257/aer.20230168openalex-snapshot
Nonlinear Pricing and Misallocation
inferred← citeshttps://doi.org/10.1257/aer.20230344openalex-snapshot
Understanding High-Wage Firms: Monopoly, Monopsony, and Bargaining Power
inferred← citeshttps://doi.org/10.1257/app.20240081openalex-snapshot
Rising Concentration of Household Shopping, Superstar Firms, and Implications for Retail Markups
inferred← citeshttps://doi.org/10.1257/jel.20221543openalex-snapshot
Why Is Productivity Slowing Down?
inferred← citeshttps://doi.org/10.1257/mac.20220215openalex-snapshot
The Elasticity of Aggregate Output with Respect to Capital and Labor
inferred← citeshttps://doi.org/10.1257/mac.20230033openalex-snapshot
Firm Heterogeneity, Market Power, and Macroeconomic Fragility
inferred← citeshttps://doi.org/10.1257/mac.20230325openalex-snapshot
Not a Typical Firm: Capital–Labor Substitution and Firms' Labor Shares
inferred← citeshttps://doi.org/10.1257/mic.20220037openalex-snapshot
Exit Dilemma: The Role of Private Learning on Firm Survival
inferred← citeshttps://doi.org/10.1596/1813-9450-10782openalex-snapshot
Production Networks and Firm-level Elasticities of Substitution
inferred← citeshttps://doi.org/10.21033/wp-2024-13openalex-snapshot
Investment-Goods Market Power and Capital Accumulation
inferred← citeshttps://doi.org/10.2139/ssrn.3327402openalex-snapshot
Low Interest Rates, Market Power, and Productivity Growth
inferred← citeshttps://doi.org/10.2139/ssrn.3866852openalex-snapshot
The Rise in Profits and Fall in Firm Entry: A Tale of the Life Cycle of Profits
inferred← citeshttps://doi.org/10.2139/ssrn.4118813openalex-snapshot
Monopolistic Competition with Constant Super-Elasticity
inferred← citeshttps://doi.org/10.2139/ssrn.4362776openalex-snapshot
The Beginning of the Trend: Interest Rates, Profits, and Markups
inferred← citeshttps://doi.org/10.2139/ssrn.4441901openalex-snapshot
Trade Liberalization, Labor Market Power, and Misallocation Across Firms: Quantitative Evidence from China's WTO Accession
inferred← citeshttps://doi.org/10.2139/ssrn.4490683openalex-snapshot
A Theory of Supply Function Choice and Aggregate Supply
inferred← citeshttps://doi.org/10.2139/ssrn.4557135openalex-snapshot
Customer Capital and the Aggregate Effects of Short-Termism
inferred← citeshttps://doi.org/10.2139/ssrn.4578465openalex-snapshot
The Beginning of the Trend: Interest Rates, Profits, and Markups
inferred← citeshttps://doi.org/10.2139/ssrn.4635011openalex-snapshot
Time Use and the Efficiency of Heterogeneous Markups
inferred← citeshttps://doi.org/10.2139/ssrn.4789855openalex-snapshot
Zombie Firms in Network: Congestion and Evergreening
inferred← citeshttps://doi.org/10.2139/ssrn.4846316openalex-snapshot
Superstar Firms and Aggregate Fluctuations
inferred← citeshttps://doi.org/10.2139/ssrn.4851791openalex-snapshot
Reviving Micro Real Rigidities: The Importance of Demand Shocks
inferred← citeshttps://doi.org/10.2139/ssrn.4881206openalex-snapshot
Industrial Organization and The Rise of Market Power
inferred← citeshttps://doi.org/10.2139/ssrn.4915780openalex-snapshot
Scalable versus Productive Technologies
inferred← citeshttps://doi.org/10.2139/ssrn.5018781openalex-snapshot
The Wealth of Stagnation: Falling Growth, Rising Valuations
inferred← citeshttps://doi.org/10.2139/ssrn.5091715openalex-snapshot
Do Consumers (Have to) Pay for ESG?
inferred← citeshttps://doi.org/10.2139/ssrn.5116363openalex-snapshot
Cournot Competition with Heterogenous Firms, Welfare and Misallocation
inferred← citeshttps://doi.org/10.2139/ssrn.5133005openalex-snapshot
Industry Competition and the Propagation of Idiosyncratic Shocks in the Production Network
inferred← citeshttps://doi.org/10.2139/ssrn.5141249openalex-snapshot
Markup Dynamics Revisited: Insights from a Survey of European Firms
inferred← citeshttps://doi.org/10.2139/ssrn.5143585openalex-snapshot
Price Markups or Wage Markdowns?
inferred← citeshttps://doi.org/10.2139/ssrn.5188251openalex-snapshot
The Macroeconomics of Data: Scale, Product Choice, and Pricing in the Information Age *
inferred← citeshttps://doi.org/10.2139/ssrn.5342218openalex-snapshot
Borrowing Constraints, Markups, and Misallocation
inferred← citeshttps://doi.org/10.2139/ssrn.5365908openalex-snapshot
Reliable Markups in Noisy Data: A Case for Cost-Weighted Aggregation
inferred← citeshttps://doi.org/10.2139/ssrn.5378445openalex-snapshot
No Country for Exposed Firms: Violent Crime and Business Performance Across Sectors
inferred← citeshttps://doi.org/10.2139/ssrn.5426707openalex-snapshot
Good Rents versus Bad Rents: R&D Misallocation and Growth
inferred← citeshttps://doi.org/10.2139/ssrn.5653130openalex-snapshot
Tax Incidence with Endogenous Exit
inferred← citeshttps://doi.org/10.2139/ssrn.5706322openalex-snapshot
Marketing, Market Power, and Welfare
inferred← citeshttps://doi.org/10.2139/ssrn.5739202openalex-snapshot
Concentration, Market Power, and Misallocation: The Role of Endogenous Customer Acquisition
inferred← citeshttps://doi.org/10.2139/ssrn.5765659openalex-snapshot
Imperfect competition with heterogeneous firms, welfare and misallocation
inferred← citeshttps://doi.org/10.2139/ssrn.6042884openalex-snapshot
The Role of Firms in Green Transition
inferred← citeshttps://doi.org/10.2139/ssrn.6084028openalex-snapshot
Inflation and Competition in an Old Keynesian Model
inferred← citeshttps://doi.org/10.2139/ssrn.6264559openalex-snapshot
Monopolistic Competition with Informational Frictions1
inferred← citeshttps://doi.org/10.2139/ssrn.6318941openalex-snapshot
Who killed business dynamism in the U.S.?
inferred← citeshttps://doi.org/10.2139/ssrn.6328423openalex-snapshot
Regaining Pricing Power in Global Value Chains: The J-Curve Dynamics of Japan’s Semiconductor Resurgence
inferred← citeshttps://doi.org/10.2139/ssrn.6426025openalex-snapshot
Who Captures AI Deflation? Quality-Adjusted Prices, Markups, and Pass-Through in AI Services
inferred← citeshttps://doi.org/10.2139/ssrn.6543705openalex-snapshot
Costs of Adjustment and Firms' Responsiveness: Evidence from a Labour Market Reform
inferred← citeshttps://doi.org/10.2139/ssrn.6618198openalex-snapshot
Intangible Capital and the Technology of Scale : Disentangling Scalability from Market Power
inferred← citeshttps://doi.org/10.2139/ssrn.6967265openalex-snapshot
Market power or fixed costs? Price-cost margins in a capital-intensive transition economy
inferred← citeshttps://doi.org/10.2139/ssrn.7003590openalex-snapshot
Division of Labor and Innovation: Organizational Depth, Research Allocation, and Growth
inferred← citeshttps://doi.org/10.2139/ssrn.7035320openalex-snapshot
The Asset Market Channel of Market Power *
inferred← citeshttps://doi.org/10.2139/ssrn.7370244openalex-snapshot
The(Unequal) Rise of Market Power, Nominal Rigidities, and Monetary Non-Neutrality
inferred← citeshttps://doi.org/10.2139/ssrn.7412580openalex-snapshot
Market Power, Labor Share, and Wage Premium
inferred← citeshttps://doi.org/10.2139/ssrn.7466916openalex-snapshot
What Does Misallocation Accounting Identify? Dispersion, Levels, and the Intermediate-Input Convention. Evidence from Chilean Manufacturing
inferred← citeshttps://doi.org/10.2139/ssrn.7543218openalex-snapshot
Sorting Inefficiency and Firm Asymmetry in Selection Markets
inferred← citeshttps://doi.org/10.26509/frbc-wp-202328openalex-snapshot
Time Use and the Efficiency of Heterogeneous Markups
inferred← citeshttps://doi.org/10.26509/frbc-wp-202514openalex-snapshot
Firm Size, Heterogeneous Strategic Complementarities, and Real Rigidity
inferred← citeshttps://doi.org/10.26509/frbc-wp-202514ropenalex-snapshot
Firm Size, Heterogeneous Strategic Complementarities, and Real Rigidity
inferred← citeshttps://doi.org/10.26599/cje.2025.9300312openalex-snapshot
The Evolution and Influencing Factors of Labor Market Monopsony in China's Manufacturing Sector: Based on the Production Function Approach
inferred← citeshttps://doi.org/10.3386/w33253openalex-snapshot
Efficient Imperfect Competition with an Application to International Trade
inferred← citeshttps://doi.org/10.3982/ecta21157openalex-snapshot
Walras–Bowley Lecture: Market Power and Wage Inequality
inferred← citeshttps://doi.org/10.3982/ecta21466openalex-snapshot
Minimum Wages, Efficiency, and Welfare
inferred← citeshttps://doi.org/10.3982/ecta22733openalex-snapshot
The Hitchhiker's Guide to Markup Estimation: Assessing Estimates From Financial Data
inferred← citeshttps://doi.org/10.53479/42285openalex-snapshot
Blocking the Blockers? Diversity Matters
inferred← citeshttps://doi.org/10.53479/43125openalex-snapshot
El coste en bienestar de los márgenes en mercados de productos en España: un análisis con empresas heterogéneas
inferred← citeshttps://doi.org/10.59576/sr.1116openalex-snapshot
Brand Reallocation and Market Concentration
inferred← citeshttps://doi.org/10.59576/sr.1159openalex-snapshot
Market Concentration and Aggregate Productivity: The Role of Demand
inferred← citeshttps://doi.org/10.68217/vjz90z59openalex-snapshot
Brand market power and inflation pass-through: a variable-markup framework for U.S. retail prices
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