Mark-Up Pricing in Bulgarian Manufacturing

21 Pages Posted: 14 Nov 2001

See all articles by R. Dobrinsky

R. Dobrinsky

UN Commission for Europe - Economic Analysis Division; Centre for Economic and Strategic Research, Sofia

Boyko Nikolov

Centre for Economic and Strategic Research, Sofia

Nikolay Markov

Centre for Economic and Strategic Research

Date Written: June 2001

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, competitive pressure, enterprise restructuring and adjustment, Bulgaria

JEL Classification: C23, D21, D24

Suggested Citation

Dobrinsky, Rumen and Nikolov, Boyko and Markov, Nikolay, Mark-Up Pricing in Bulgarian Manufacturing (June 2001). Paper presented at International Conference on Transition Economics, Portoroz Slovenia 23-26 June 2001, William Davidson Inst. Working Paper No. 389. Available at SSRN: https://ssrn.com/abstract=278947 or http://dx.doi.org/10.2139/ssrn.278947

Rumen Dobrinsky (Contact Author)

UN Commission for Europe - Economic Analysis Division ( email )

Palais des Nations
Room 470 CH-1211
Geneva 10, Switzerland

Centre for Economic and Strategic Research, Sofia

7, Akad. Nikola Obreshkov str., vh. B, ap. 5,
Sofia 1113
Bulgaria
(+359 2) 971 2905 / 973 3267 (Phone)
(+359 2) 971 2871 (Fax)

Boyko Nikolov

Centre for Economic and Strategic Research, Sofia

7, Akad. Nikola Obreshkov str., vh. B, ap. 5,
Sofia 1113
Bulgaria

Nikolay Markov

Centre for Economic and Strategic Research ( email )

7, Akad. Nikola Obreshkov str., vh. B, ap. 5,
Sofia 1113
Bulgaria

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