Abstract Using the micro data of Chinese manufacturing firms, this study analyzes impact financial constraints on firms’ markup and their influence mechanism. The findings suggest that significantly reduce markup. result is still valid after a series robustness tests, such as key indicator substitution, analysis endogeneity problems, controlling for other policy changes, dynamic panel model est...

The Intelligence Community, among others, is increasingly using document metadata to improve document search and discovery on intranets and extranets. Document markup is still often incomplete, inconsistent, incorrect, and limited to keywords via HTML and XML tags. OWL promises to bring semantics to this markup to improve its machine understandability. A usable markup tool is becoming a barrier...

An increase in the aggregate markup can be due to both firm-level markups increasing and economic activity reallocating toward high-markup firms. I show that standard decomposition methods estimate a non-zero reallocation effect even when allocation does not change this bias is potentially large. In opposite existing literature, find seem major driver of rise among Compustat

Using a new firm-level dataset on private and listed firms from advanced economies emerging markets, we document four stylized facts market power in global markets. First, competition has declined, but only modestly—average markups increased 1.22 to 1.29 (6%) during 2000–2015, especially services economies. Second, the of are higher experienced stronger increases than those firms. Third, markup...