MARKET-STRUCTURE AND CYCLICAL FLUCTUATIONS IN UNITED-STATES MANUFACTURING - REPLY
成果类型：
Note
署名作者：
DOMOWITZ, I; HUBBARD, RG; PETERSEN, BC
署名单位：
Columbia University; National Bureau of Economic Research; Washington University (WUSTL)
刊物名称：
REVIEW OF ECONOMICS AND STATISTICS
ISSN/ISSBN：
0034-6535
DOI：
10.2307/2110032
发表日期：
1993-11
页码：
734-735
关键词：
摘要：
We reply to the Comment by Kamerschen and Park on our 1988 paper published in this Review. We find that the econometric point raised by these authors is flawed, because differences in model structure and data are ignored. In particular, the importance of materials input in assessing price-cost margins is reiterated here, and illustrated with the 1988 paper's original table. Other points of the Comment are refuted by direct reference to statistical results and inferred conclusions in the 1988 paper.
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