Theory of Mark-up and its Evidence : Post-Keynesian Approach

• 藤田 真哉

• 吉井 哲

• 徳丸 宜穂

• FUJITA Shinya

• YOSHII Satoshi

• TOKUMARU Norio

Bibliographic Information

Other Title

• マークアップの理論と実証 : ポスト・ケインジアン・アプローチ
• マークアップ ノ リロン ト ジッショウ : ポスト ・ ケインジアン ・ アプローチ

Abstract

Keynesian/post-Keynesian models, ,which prefer to suppose the cost-plus pricing rather than the profit-maximizing pricing, have investigated factors that affect the mark-up rate because its price theory is not complete without the mark-up theory. Following A. Wood's seminal model on the markup rate, M. Lavoie and E. Stockhammer theoretically shows two types of firm, that is, the profit rate maximizing firm and the capital accumulation rate maximization firms. By using the questionnaire survey results on the manufacturing firms in Aichi Prefecture and factor analysis, this paper gives some evidence of those types of firm. We further show the second factor composed of profitability factors has relatively stronger effect on the firms' mark-up setting behavior rather than the first factor composed of growth factors.

Journal

• 経済科学

  経済科学 66 (2-3), 13-20, 2018-12-25

  名古屋大学大学院経済学研究科

Keywords

• post-Keynesian economics
• cost-plus pricing
• mark-up rate
• factor analysis

Details

• CRID: 1390853649559854720
• NII Article ID: 120006545953
• NII Book ID: AN00069864
• DOI: 10.18999/ecos.66.2-3.13
• HANDLE: 2237/00029185
• NDL BIB ID: 029426283
• ISSN: 00229725
• Web Site: https://nagoya.repo.nii.ac.jp/records/26984
• Web Site: https://ndlsearch.ndl.go.jp/books/R000000004-I029426283
• Text Lang: ja
• Data Source:
  • JaLC
  • IRDB
  • NDL
  • CiNii Articles
  • KAKEN
• Abstract License Flag: Allowed