We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Profits, Variability of Profits and the Prices Justification Tribunal.
- Authors
Chapman, D.R.; Junor, C.W.
- Abstract
In 1973 the Prices Justification Tribunal was established and given certain powers over the price-setting practices of large firms in Australia. This paper addresses itself to the impact of that body on firms' markup. Using a large sample of Australian firms observed from 1969 to 1978, this paper establishes evidence that although a statistically significant downward effect on firms' markup can be attributed to the tribunal, in numerical terms the effect has been very small.
- Subjects
AUSTRALIA; CORPORATE profits; PRICING
- Publication
Economic Record, 1981, Vol 57, Issue 157, p128
- ISSN
0013-0249
- Publication type
Article
- DOI
10.1111/j.1475-4932.1981.tb01045.x