Collinearity in Linear Structural Models of Market Power

Jeffrey Perloff and Edward Z. Shen

Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series from Department of Agricultural & Resource Economics, UC Berkeley

Abstract: The well-known structural model used to estimate market structure suffers from a severe collinearity problem if the marginal cost and demand equations are linear.

Keywords: L13; C1 (search for similar items in EconPapers)
Date: 2001-12-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.escholarship.org/uc/item/3wz759dd.pdf;origin=repeccitec (application/pdf)

Related works:
Journal Article: Collinearity in Linear Structural Models of Market Power (2012)
Working Paper: Collinearity in Linear Structural Models of Market Power (2001)
Working Paper: Collinearity in Linear Structural Models of Market Power (2001)
Working Paper: Collinearity in Linear Structural Models of Market Power (2001)
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:cdl:agrebk:qt3wz759dd

Access Statistics for this paper

More papers in Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series from Department of Agricultural & Resource Economics, UC Berkeley Contact information at EDIRC.
Bibliographic data for series maintained by Lisa Schiff ().