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Estimation of Market Power in a Nonrenewable Resource Industry

G-M Ellis and R Halvorsen

Working Papers from University of Washington, Department of Economics

Abstract: In this paper we derive a method for simultaneously estimating three possible determinants of output price : the marginal market cost of production, the user cost of the resource, and the exercise of market power.

Keywords: PRICING (search for similar items in EconPapers)
JEL-codes: G12 (search for similar items in EconPapers)
Pages: 24 pages
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:udb:wpaper:97-14

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