G2TT
来源类型Discussion paper
规范类型论文
来源IDDP8159
DP8159 Measuring competition using the Profit Elasticity: American Sugar Industry, 1890-1914
jan boone; Michiel van Leuvensteijn
发表日期2010-12-01
出版年2010
语种英语
摘要The Profit Elasticity (PE) is a new competition measure introduced in Boone (2008). So far, there was no direct proof that this measure can identify regimes of competition empirically. This paper focuses on this issue using data of Genesove and Mullin (1998) in which different regimes of competition are identified. We derive a version of PE suitable for this data set. This competition measure correctly classifies the monopoly/cartel regime as being less competitive than both the price war regime and break-up of cartel regime.
主题Industrial Organization
关键词Competition Measures of competition Price cost margin Profit elasticity
URLhttps://cepr.org/publications/dp8159
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/536996
推荐引用方式
GB/T 7714
jan boone,Michiel van Leuvensteijn. DP8159 Measuring competition using the Profit Elasticity: American Sugar Industry, 1890-1914. 2010.
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