Estimating the Price Overcharge from Cartelisation of the Irish Automobile Industry

Franco Mariuzzo, Patrick Walsh () and Olivier Van Parys ()
Additional contact information
Franco Mariuzzo: The Geary Institute, University College Dublin

The Economic and Social Review, 2009, vol. 40, issue 2, 165–182

Abstract: Price coordination can be very harmful for consumers. Yet, even if a cartel is proved to exist, and successful in enforcement, how do we estimate damages or price overcharges to consumers? We build a structural model of the Irish automobile market that avails of a crosssection of new cars and jointly estimate demand and cost primitives. We use these estimates to quantify the role that price coordination could play in terms of pricing, profits and burden of taxation in three alternative regimes - All models of cars compete in price (Regime I); Only cars of different manufacturers compete in price (Regime II); Only cars of different importers compete in price (Regime III).

Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.esr.ie/Vol40_2/Vol-40-2-Mariuzzo.pdf First version, 2009 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eso:journl:v:40:y:2009:i:2:p:165-182

Access Statistics for this article

More articles in The Economic and Social Review from Economic and Social Studies
Bibliographic data for series maintained by Aedin Doris ().