welfare costs

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Replication Data: How Costly Are Markups?

Creators: Chris Edmond, Virgiliu Midrigan, and Daniel Yi Xu
Publication Date: 2022
Creators: Chris Edmond, Virgiliu Midrigan, and Daniel Yi Xu

This dataset, hosted on Harvard Dataverse, contains the replication data for the study “How Costly Are Markups?” (Edmond, Midrigan & Xu, 2023, Journal of Political Economy). It includes firm-level production and price data used to quantify the aggregate welfare costs of markups arising from market power across the economy, examining how the distribution of markups across firms affects resource allocation, productivity, and consumer welfare.

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