Aarhus University Seal / Aarhus Universitets segl

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

Research output: Contribution to journal/Conference contribution in journal/Contribution to newspaperJournal articleResearchpeer-review

  • Flora Bellone, GREDEG-OFCE, France
  • Patrick Musso, GREDEG-OFCE, France
  • Lionel Nesta, GREDEG-OFCE, France
  • Frederic Warzynski
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 languageFrench
JournalObservatoire Francais des Conjonctures Economiques. Revue
Volume108
Issue1
Pages (from-to)139-163
ISSN1265-9576
Publication statusPublished - 2009

    Research areas

  • Mark-ups, Competition, European integration, Industrial structures, International trade

See relations at Aarhus University Citationformats

ID: 224110