Explaining prices in the global economy : a post-keynesian model / Henk-Lan Brinkman.

List of tables, vii -- List of figures, ix -- List of selected abbreviations, x -- Preface, xi -- 1. Introduction, 1 -- Part I. theory, 7 -- 2. Structural explanations for price levels, 7 -- 3. A post-Keynesian markup pricing model, 32 -- 4. Productivity in an input-output framework, 48 -- 5. The determinants of the markup, 58 -- 6. Economies of scale, 83 -- 7. International trade, 92 -- Part II. Empirical evidence, 107 -- 8. From model to data to testing, 107 -- 9. Evidence on price levels by sector in Japan and the Republic of Korea, 119 -- 10. Evidence on price levels of GDP, 132 -- 11. Evidence on price levels of investment, 145 -- 12. Conclusions and implications, 161 -- Appendix 1. The methods of the International Comparison Programme, 168 -- Appendix 2. Data methodology and sources for cross-sector analysis of Chapter 9, 174 -- References, 187 -- Index, 220.