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Determinants of the Price-Cost Margins of the Manufacturing Firms in Turkey
This study examines the determinants of the price-cost margins in the Turkish manufacturing industry spanning from 1995 to 2003. Utilizing panel data econometric techniques on a large number of manufacturing firms by conditioning on their firm size, age, ownership and
export orientation, the study finds that there exists a marked difference among the firms’ pricing behaviors according to their market share.
Link
http://www.tcmb.gov.tr/research/discus/WP0515ENG.pdf