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February 18, 2020

Markups in a dual labour market: the case of the Netherlands

Publication

We follow the production function approach to assess markups, which requires the estimation of the output elasticity of a free input. In the basic setup we estimate a structural value added production function, using temporary contract hours as free input. We find rather stable markups in the Netherlands in the period 2006-2016. We show that extending the free variable incorrectly with fixed contract hours results in an increasing markup.

June 28, 2018

Frontier firms and followers in the Netherlands Estimating productivity and identifying the frontier

Publication

This research is part of a three-year research project on productivity growth in the Netherlands commissioned by the Ministry of Economic Affairs and Climate.