Price Setting in the Argentine and Colombian Manufacturing Industry

Borradores de Economia
Número: 
90
Publicado: 
Clasificación JEL: 
E30, E31
Palabras clave: 
Argentine, Colombia, manufacturing industry

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A price-setting mechanism based on a markup over variable costs is studied for the quite different inflationary experiences of Argentina and Colombia. The paper pursues a twofold strategy: first, it test the null hypothesis of a constant markup against th