Estimation of service sector mark-ups determined by structural reform indicators

• Autores: Anna Thum Thysen, Erik Canton
• Localización: Economic papers, ISSN 1725-3187, Nº. 547, 2015, págs. 1-52
• Idioma: inglés
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• Resumen

  • This paper analyses the impact of regulation on product sector mark-ups across the EU and confirms that less strict regulation tends to foster competition and reduce mark-up rates. The results also show that mark-ups in most EU countries and sectors have been declining over the last 15 years as a result of competition-friendly reforms. The paper also casts light on which areas of regulation are most important for mark-ups in individual sectors.