Explaining Prices in the Global Economy

Download or read book Explaining Prices in the Global Economy written by Henk-Jan Brinkman and published by Edward Elgar Publishing. This book was released on 1999-11-25 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addresses the problem of price disparities across countries, and, for the first time, uses market structures as the central focus. Also looks at effects of trade barriers, input-output relations, and economies of scale, factors often ignored by other studies, to determine what causes prices to vary across countries. A post- Keynesian markup pricing model incorporating market power, intermediate inputs, and productivity differences is developed and tested using regression analysis.