The cyclicality of markups in a model with adjustment costs: econometric evidence for US industry

Article Abstract:

Price increases of products are affected by the demand for the product. Also, price changes are expected stemming from the manufacturer's attainment of more efficient means of production as it gains more experience in the industry. Another factor would be changes in capital investments to the manufacturing process. These variables when combined result in the cyclical changes in price markups of products.

Pricing Policy, Pricing, Prices, Industrial efficiency, Economic efficiency, Supply and demand, Markup

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Investment in fixed capital stock: testing for the impact of sectoral and systemic uncertainty

Article Abstract:

The relation between uncertainty and investment expenditures, and its implications on South African economy, is examined. Estimation methods are used for the study.

Forecasts, trends, outlooks, South Africa, Forecasts and trends, Market trend/market analysis, Capital stock, Uncertainty (Information theory), Capital investment, Capital stocks

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Correcting standard errors in two-stage estimation procedures with generated regressands

Article Abstract:

An unbiased correction procedure to correct standard errors in two-stage regression models is presented.

Belgium, Regression analysis

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