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> From a more general perspective, our paper is loosely linked to the strand of literature which analyzes profitability and market power using firm-level data (
by acaloiar 3y ago
> From a more general perspective, our paper is loosely linked to the strand of literature which analyzes profitability and market power using firm-level data (e.g., De Loecker et al (2020), Davis et al (2022)) but we focus on national account data. [1]
[1] https://www.imf.org/-/media/Files/Publications/WP/2023/English/wpiea2023131-print-pdf.ashx https://www.imf.org/-/media/Files/Publications/WP/2023/Engli...
- thworp 3y agoThanks for the deep link, the other one sent me on an infinite redirect loop. It is still puzzling to me, since they have "Trade, Travel, Accom. and Food" with the highest profit contribution in figure 2. However if you look at the quarterlies of Nestel, P&G and others their profits are increasing by low single-digit % if at all.