Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/261289 
Year of Publication: 
2021
Citation: 
[Journal:] International Economics Studies [ISSN:] 2476-3713 [Volume:] 51 [Issue:] 2 [Publisher:] University of Isfahan [Place:] Isfahan, Iran [Year:] 2021 [Pages:] 15-22
Publisher: 
University of Isfahan, Isfahan, Iran
Abstract: 
This paper examines the gap between marginal cost and the price of 22 manufacturing industries in Iran at ISIC 2-digit level and 32 industries at a 3-digit level during 1995-2015 compared to selected countries. It examines the gap by using the Hall-Roeger model. We found that in garments, basic chemicals, non-metallic mining, and refined petroleum products, the price and marginal cost difference are high and in tobacco industries are low. In 3 out of 22 industries at ISIC 2- digit level and in 11 out of 32 industries at 3-digit level, Iranian industries have higher markups and a significant gap between price and marginal cost than Japan, Germany, France, and the United Kingdom. Also from 32 industries in ISIC 3-digit level and 22 industries in 2-digit level, Iran has the lowest mark-up in the tobacco industry with 1.03 and in chemical products with 2,33, has the highest markup.
Subjects: 
Markup
Manufacturing Industries
Market Power
Marginal Cost
Iranian Economy
Persistent Identifier of the first edition: 
URL of the first edition: 
Document Type: 
Article
Document Version: 
Published Version
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