The Profit Elasticity (PE) is a new competition measure introduced in Boone (2008). Sofar, 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 ware regime and break-up of cartel regime
The size of the profit in a firm or a production system not only depends on the quantity of inputs a...
The theoretical foundation upon which the structure-conduct-performance paradigm is built assumes th...
This paper proposes relative profits (RP) as a robust measure of competition. I consider nine differ...
The Profit Elasticity (PE) is a new competition measure introduced in Boone (2008). So far, there wa...
The Profit Elasticity (PE) is a new competition measure introduced in Boone (2008). So far, there wa...
Boone (2008) introduces a new theory based measure of competition, the so-called Boone-indicator. Th...
We introduce a new measure of competition: the elasticity of a firm’s profits with respect to its co...
We introduce a new measure of competition: the elasticity of a firm’s profits with respect to its co...
Non-competitive conduct can be assessed by estimating the size of the markup or Lerner index achieve...
Non-competitive conduct can be assessed by estimating the size of the markup or Lerner index achieve...
This article introduces a new way to measure competition based on firms' profits. Within a general m...
This paper introduces a new way to measure competition based on firms' profits.Within a general mode...
This paper reviews prior research by agricultural economists on the demand for food products using s...
This paper reviews prior research by agricultural economists on the demand for food products using s...
This paper proposes relative profits (RP) as a robust measure of competition. I consider nine differ...
The size of the profit in a firm or a production system not only depends on the quantity of inputs a...
The theoretical foundation upon which the structure-conduct-performance paradigm is built assumes th...
This paper proposes relative profits (RP) as a robust measure of competition. I consider nine differ...
The Profit Elasticity (PE) is a new competition measure introduced in Boone (2008). So far, there wa...
The Profit Elasticity (PE) is a new competition measure introduced in Boone (2008). So far, there wa...
Boone (2008) introduces a new theory based measure of competition, the so-called Boone-indicator. Th...
We introduce a new measure of competition: the elasticity of a firm’s profits with respect to its co...
We introduce a new measure of competition: the elasticity of a firm’s profits with respect to its co...
Non-competitive conduct can be assessed by estimating the size of the markup or Lerner index achieve...
Non-competitive conduct can be assessed by estimating the size of the markup or Lerner index achieve...
This article introduces a new way to measure competition based on firms' profits. Within a general m...
This paper introduces a new way to measure competition based on firms' profits.Within a general mode...
This paper reviews prior research by agricultural economists on the demand for food products using s...
This paper reviews prior research by agricultural economists on the demand for food products using s...
This paper proposes relative profits (RP) as a robust measure of competition. I consider nine differ...
The size of the profit in a firm or a production system not only depends on the quantity of inputs a...
The theoretical foundation upon which the structure-conduct-performance paradigm is built assumes th...
This paper proposes relative profits (RP) as a robust measure of competition. I consider nine differ...