Mark-Up Pricing in Bulgarian Manufacturing
21 Pages Posted: 14 Nov 2001
Date Written: June 2001
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: Suggested Citation