Collinearity in Linear Structural Models of Market Power

Jeffrey Perloff and Edward Z. Shen

Institute for Research on Labor and Employment, Working Paper Series from Institute of Industrial Relations, 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:indrel:qt3wz759dd

Access Statistics for this paper

More papers in Institute for Research on Labor and Employment, Working Paper Series from Institute of Industrial Relations, UC Berkeley Contact information at EDIRC.
Bibliographic data for series maintained by Lisa Schiff ().