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  • 1
    Digitale Medien
    Digitale Medien
    Springer
    Review of industrial organization 9 (1994), S. 379-392 
    ISSN: 1573-7160
    Schlagwort(e): Collusion ; efficiency
    Quelle: Springer Online Journal Archives 1860-2000
    Thema: Wirtschaftswissenschaften
    Notizen: Abstract Through the 1970s and 1980s, the U.S. portland cement industry experienced a significant increase in average plant size and market concentration. A simultaneous equation model is developed to examine the effects of plant size and concentration on costs, prices and margins in that industry. The results indicate the presence of significant scale economies, but also show that prices and margins are increasing in concentration. Further analysis shows that almost one third of the cost savings associated with larger plants are passed on to producers through higher margins resulting from concomitant increases in concentration, rather than to consumers as lower prices.
    Materialart: Digitale Medien
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
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  • 2
    Digitale Medien
    Digitale Medien
    Springer
    Review of industrial organization 9 (1994), S. 823-838 
    ISSN: 1573-7160
    Schlagwort(e): Collusion ; conjectures
    Quelle: Springer Online Journal Archives 1860-2000
    Thema: Wirtschaftswissenschaften
    Notizen: Abstract A perennial topic in industrial economics is collusion. Kwoka and Ravenscraft (1986) developed a model to measure the collusiveness of conjectures across industries as a function of intra-industry rivalry among leading firms. But extensive literature suggests that the degree of collusion may also depend upon underlying market characteristics. We modify the Kwoka and Ravenscraft model to account for this. Our results suggest that underlying market characteristics do matter. Intra-industry rivalry and conjectures vary with the level and stability of concentration, and to a lesser degree with product homogeneity.
    Materialart: Digitale Medien
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
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