L'effet pro-concurrentiel de l'intégration européenne: une analyse de l'évolution des taux de marge dans les industries manufacturières françaises

Flora Bellone; Patrick Musso; Lionel Nesta; Frederic Warzynski

L'effet pro-concurrentiel de l'intégration européenne: une analyse de l'évolution des taux de marge dans les industries manufacturières françaises

Flora Bellone, Patrick Musso, Lionel Nesta, Frederic Warzynski

GlobID -Globalization and Industry Dynamics

Research output: Contribution to journal/Conference contribution in journal/Contribution to newspaper › Journal article › Research › peer-review

2 Citations (Scopus)

Abstract

We analyse the evolution of French mark-ups and their determinants in manufacturing industries from 1986 to 2004, using an extended version of Roeger's specification. With a value of 13.8%, French mark-ups in manufacturing are found to be slightly above those found by Görg and Warzynski (2006) in UK manufacturing. Over the period, French mark-ups have gone down by 4 to 5%. We interpret this as being the pro-competitive consequences of European integration. We also find that the implementation of the Euro in 2002 has been associated with an increase of mark-up by 2%. French mark-ups are contra-cyclical and depend upon openness to international trade, industry concentration. These stylised facts must not conceal the fact that sectors are highly heterogeneous, where price determination by firms is highly sector specific.

Original language	French
Journal	Observatoire Francais des Conjonctures Economiques. Revue
Volume	108
Issue	1
Pages (from-to)	139-163
ISSN	1265-9576
Publication status	Published - 2009

Keywords

Mark-ups
Competition
European integration
Industrial structures
International trade

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http://www.cairn.info/revue-de-l-ofce-2009-1-p-139.htm

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Cite this

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title = "L'effet pro-concurrentiel de l'int{\'e}gration europ{\'e}enne: une analyse de l'{\'e}volution des taux de marge dans les industries manufacturi{\`e}res fran{\c c}aises",

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L'effet pro-concurrentiel de l'intégration européenne: une analyse de l'évolution des taux de marge dans les industries manufacturières françaises. / Bellone, Flora; Musso, Patrick; Nesta, Lionel et al.
In: Observatoire Francais des Conjonctures Economiques. Revue, Vol. 108, No. 1, 2009, p. 139-163.

Research output: Contribution to journal/Conference contribution in journal/Contribution to newspaper › Journal article › Research › peer-review

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AU - Bellone, Flora

AU - Musso, Patrick

AU - Nesta, Lionel

AU - Warzynski, Frederic

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KW - Competition

KW - European integration

KW - Industrial structures

KW - International trade

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JO - Observatoire Francais des Conjonctures Economiques. Revue

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