Inflation Announcements and Financial Market Reaction: Evidence From the Long-Term Bond Market
The Review of Economics and Statistics
1986
Relations between business margins and structural variables including buyer and seller concentrations have been examined using data on strategic business units in the PIMS data base. The results are compared with earlier work based on industry classified data. It is now possible to identify whether the observed changes in margin are due to direct effects on profit or to changes in the fixed costs included in gross margins. New data are presented on the role of capacity utilisation in relation to the balance of buyer and seller power and on changes in margin through the life cycle.
- DOI
- 10.2307/1925515
- Volume
- 68 (2)
- Pages
- 329
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- BibTeX
- Sources
- openalex crossref