TY  - JOUR
AU  - Bernstein,Jeffrey I.
AU  - Mohnen,Pierre A.
TI  - Price-Cost Margins, Exports and Productivity Growth: With an Application to Canadian Industries
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 3584
PY  - 1991
Y2  - December 1991
UR  - http://www.nber.org/papers/w3584
L1  - http://www.nber.org/papers/w3584.pdf
N1  - Author contact info:
Jeffrey I. Bernstein
Department of Economics
University Park Campus
Florida International University
11200 S.W. 8th Street
Miami, FL 33199
Tel: 305/348-2592
E-Mail: jeffrey.bernstein@fiu.edu

Pierre Mohnen
UNU-MERIT
Maastricht University
P.O. Box 616
6200 MD Maastricht
Netherlands
E-Mail: p.mohnen@maastrichtuniversity.nl
AB  - A model is estimated for oligopolistic industries producing multiple outputs in short-run equilibrium. Outputs are sold domestically and exported, while capital is treated as a quasi-fixed factor. The model is applied to the Canadian nonelectrical machinery, electrical products and chemical products industries. The results show that there is significant oligopoly power in each of the industries, and that the degree of this power differs between the domestic and export markets. Total factor productivity is decomposed. Price-cost margins exert little influence but the rate of technological change, returns to scale and the rate of capital adjustment determine productivity growth.
ER  -