ETFP - What does ETFP stand for? The Free Dictionary
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In stage 2, changes in value added prices plus ETFP are regressed on changes in market and supplier access.
In our control variables we include other factors that may have contributed to increases in value added price plus ETFP.
The final stage of the estimation takes the changes in value added prices and ETFP attributed to growth in market and supplier access and decomposes them into their mandated factor price changes to give an estimate of how access to larger markets has affected the skill premium over the sample period.