Markups and Firm-Level Export Status

By Jan De Loecker, F. Warzynski. 2012

1,489 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/bb052b9ffea744353cfaf7657dd84c443e35049f

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Citations in the corpus

Recasting the Iron Rice Bowl: The Reform of China's State-Owned Enterprises (2017, methodology): “…(σ̂s, α̂s, âs) for the 136 three-digit sectors and the time-varying firm-level markups (μ̂it) and time-varying firm-level productivity (ω̂it).14 De Loecker and Warzynski (2012) follow the tradition of Olley and Pakes (1996), Levinsohn and Petrin (2003), and Ackerberg, Caves, and Frazer…”
Zombie Credit and (Dis-)Inflation: Evidence from Europe (2020, methodology): “To correct the markup estimates for unobserved productivity shocks, De Loecker and Warzynski (2012) follow the control function or proxy approach, developed by Ackerberg et al. (2006), based on Olley and Pakes (1996) and Levinsohn and Petrin (2003).”
Acquisitions, markups, efficiency, and product quality: Evidence from India (2018, neutral): “De Loecker et al. (2016); Goldberg et al. (2009, 2010a,b). 9The 1956 Companies Act requires Indian firms to disclose data at this level of detail. 10CMIE’s own classification is largely based on the Indian National Industrial Classification (NIC) and the HS schedule. Example of products across diffe”
Exploitation of labor? Classical monopsony power and labor's share (2019, neutral): “, de Loecker and Warzynski (2012), Edmond, Midrigan and Xu (2015), de Loecker et al. (2016), and BKL), we present this as one measure, but we allow for several alternatives.”
The Fall of the Labor Share and the Rise of Superstar Firms* (2017, methodology): “A smaller literature estimating cross-sectional markups finds larger markups for bigger firms (e.g., De Loecker and Warzynski 2012).”
Competition and the Welfare Gains from Transportation Infrastructure: Evidence from the Golden Quadrilateral of India (2018, neutral): “De Loecker and Warzynski (2012) find similar results using data from Slovenian manufacturing.”
Identifying FDI spillovers (2017, methodology): “We follow the control function approach initiated by Olley and Pakes (1996), and extended by Levinsohn and Petrin (2003), and De Loecker and Warzynski (2012), and proxy for the unobserved productivity using materials demand function: m = mt (ωft, kft, EXPft) .”
The Elusive Explanation for the Declining Labor Share (2021, methodology): “An increasingly common procedure to estimate average markups, drawing on Hall (1988) and De Loecker and Warzynski (2012), uses (4) together with observed data on some input share and econometric estimates of the elasticity of output with respect to that input.”