EconPapers    
Economics at your fingertips  
 

A Dynamic Model of Oligopoly in the Coffee Export Market

Larry Karp and Jeffrey Perloff

American Journal of Agricultural Economics, 1993, vol. 75, issue 2, 448-457

Abstract: A linear-quadratic, dynamic feedback oligopoly model that nests various market structures is used to estimate the degree of competitiveness and the adjustment paths of the two largest coffee exporters, Brazil and Colombia. Their estimated behavior is relatively competitive. This subgame perfect dynamic model is compared to a standard static oligopoly model and the open-loop model (the dynamic generalization of the standard static model). Both classical and Bayesian tests of open-loop and feedback dynamic models are reported.

Date: 1993
References: Add references at CitEc
Citations: View citations in EconPapers (9) Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.2307/1242929 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
Working Paper: A dynamic model of oligopoly in the coffee export market (1990) Downloads
Working Paper: A dynamic model of oligopoly in the coffee export market (1990) Downloads
Working Paper: A Dynamic Model of Oligopoly in the Coffee Export Market (1990) Downloads
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:oup:ajagec:v:75:y:1993:i:2:p:448-457.

Access Statistics for this article

American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().

 
Page updated 2019-08-01
Handle: RePEc:oup:ajagec:v:75:y:1993:i:2:p:448-457.