Now showing items 1-4 of 4
Pricing Decisions and Competitive Conduct Across Manufacturing Sectors: Evidence from 19 European Union Manufacturing Industries
This paper investigates the pricing decisions across the manufacturing sectors of 19 EU countries over 1995–2014. The markup formulation of De Loecker and Warzynski (Am Econ Rev 102(6):2437–2471, 2012) is employed in order ...
The Effects of Competition, Liquidity and Exports on Markups: Evidence from the UK Food and Beverages Sector
This study investigates the pricing decisions of the UK food and beverages sector over 2007–2016. The markup model formulated by Hall (1988) and Roeger (1995) is employed where market power is expressed in terms of pricing ...
Pricing Decisions and Market Power in the UK Electricity Market: A VECM Approach
This paper examines the influence of market power in the formation of retail and wholesale electricity prices in the UK over 1998–2012 on the basis of Vector Error Correction model (VECM). Market power is measured as the ...
Collusive Decisions and Punishment under Demand and Cost Uncertainty
(University of Hertfordshire, 2016)
This paper provides a wider approach to competitive behaviour in sectors affected by a slump in demand, based on the contribution of the original paper by Green and Porter (1984). In addition to the cooperative solution ...