This paper empirically analyzes the existence of market power in the global iron ore market during the period 1993-2012 using an innovative Stochastic Frontier Analysis approach introduced by Kumbhakar et al. (2012). In contrast to traditional econometric procedures, this approach allows for the estimation of firm- and time-specific Lerner indices and, therefore, the assessment of the influence of individual firm characteristics on the ability to generate markups. We find that markups on average amount to 20%. Moreover, location and experience are identified to be the most important determinants of the magnitude of firm-specific markups
In this paper we estimate individual banks’ Lerner indices for a large group of countries in the yea...
This thesis presents a series of works exploring individual firm behavior and how that affects the m...
Stochastic Frontier Analysis is employed to calculate technical efficiencies of German firms at the ...
This paper empirically analyzes the existence of market power in the global iron ore market during ...
Investigating the influence of firm characteristics on the ability to exercise market power: A stoch...
This thesis is about competitive strength in the global markets for iron ore. Its focus is on the Sw...
The thesis at hand seeks to augment the understanding of price formation in resource markets. More s...
The objective of this study is to measure the amount of market power exercised by the U.S. red meat...
The objective of this study is to estimate the degree of oligopsony power in the U.S. cattle industr...
In this paper we use an innovative and nonstandard approach to model and estimate markups and market...
Market power – how it arises, and how it is measured – is an important topic for the eco...
My thesis examines the link between firm characteristics and the usage of steel futures working wit...
This paper is an empirical test of the hypothesis that the appropriateness of different business str...
The interest in the analysis of the iron ore market significantly increased after a sharp spike in t...
This paper extends Bresnahan\u27s market power measure, which can be estimated econometrically, to m...
In this paper we estimate individual banks’ Lerner indices for a large group of countries in the yea...
This thesis presents a series of works exploring individual firm behavior and how that affects the m...
Stochastic Frontier Analysis is employed to calculate technical efficiencies of German firms at the ...
This paper empirically analyzes the existence of market power in the global iron ore market during ...
Investigating the influence of firm characteristics on the ability to exercise market power: A stoch...
This thesis is about competitive strength in the global markets for iron ore. Its focus is on the Sw...
The thesis at hand seeks to augment the understanding of price formation in resource markets. More s...
The objective of this study is to measure the amount of market power exercised by the U.S. red meat...
The objective of this study is to estimate the degree of oligopsony power in the U.S. cattle industr...
In this paper we use an innovative and nonstandard approach to model and estimate markups and market...
Market power – how it arises, and how it is measured – is an important topic for the eco...
My thesis examines the link between firm characteristics and the usage of steel futures working wit...
This paper is an empirical test of the hypothesis that the appropriateness of different business str...
The interest in the analysis of the iron ore market significantly increased after a sharp spike in t...
This paper extends Bresnahan\u27s market power measure, which can be estimated econometrically, to m...
In this paper we estimate individual banks’ Lerner indices for a large group of countries in the yea...
This thesis presents a series of works exploring individual firm behavior and how that affects the m...
Stochastic Frontier Analysis is employed to calculate technical efficiencies of German firms at the ...