Estimating the Imperfection in Sawtimber markets: a case study for the South Pacific Region, Colombia
AbstractThis paper estimates the degree and nature of imperfections in the timber markets for the South Pacific Region of Colombia. These markets are described under the structure/conduct/performance paradigm. An econometric analysis was undertaken to estimate the degree of imperfection. Market structures indicate high levels of seller concentration. These are result of barriers to entry associated with: knowledge and capital requirements; deficiencies in the banking system; vertical integration of participants;available transportation; and other institutional constraints. These imperfections create inequalities in the distribution of income, unemployment and regional poverty. As a consequence the timber industry's contribution to socioeconomic progress is limited and produces a negative impact on the conservation of forestecosystems.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Universidad de Antioquia, Departamento de Economía in its journal LECTURAS DE ECONOMÍA.
Volume (Year): (2005)
Issue (Month): 63 (Julio-Diciembre)
Postal: Lecturas de Economía, Departamento de Economía, Calle 67, 53-108, Medellin 050010, Colombia.
Find related papers by JEL classification:
- L0 - Industrial Organization - - General
- D0 - Microeconomics - - General
- D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Azzam, Azzeddine M, 1997. "Measuring Market Power and Cost-Efficiency Effects of Industrial Concentration," Journal of Industrial Economics, Wiley Blackwell, vol. 45(4), pages 377-86, December.
- Rigoberto Lopez & Azzeddine Azzam & Carmen Lirón-España, 2002. "Market Power and/or Efficiency: A Structural Approach," Review of Industrial Organization, Springer, vol. 20(2), pages 115-126, March.
- Margarida De Mello & Antonio Brandao, 1999. "Measuring the Market Power of the Portuguese Milk Industry," International Journal of the Economics of Business, Taylor and Francis Journals, vol. 6(2), pages 209-222.
- Shepherd, William G, 1972. "The Elements of Market Structure," The Review of Economics and Statistics, MIT Press, vol. 54(1), pages 25-37, February.
- Carlos Arnade & Daniel Pick, 1999. "Alternative approach to measuring oligopoly power: a wheat market example," Applied Economics Letters, Taylor and Francis Journals, vol. 6(3), pages 195-197.
- S. Illeris & G. Akehurst, 2001. "Introduction," The Service Industries Journal, Taylor & Francis Journals, vol. 21(1), pages 1-4, January.
- Elena Huergo, 2005. "El diagnóstico de poder de mercado en Economía Industrial: Una revisión de la literatura empírica española del siglo XX," Industrial Organization 0504003, EconWPA.
- Schroeter, John R., 1988.
"Estimating the Degree of Market Power in the Beef Packing Industry,"
Staff General Research Papers
11114, Iowa State University, Department of Economics.
- Schroeter, John R, 1988. "Estimating the Degree of Market Power in the Beef Packing Industry," The Review of Economics and Statistics, MIT Press, vol. 70(1), pages 158-62, February.
- Sanjib Bhuyan & Rigoberto A. Lopez, 1997. "Oligopoly Power in the Food and Tobacco Industries," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(3), pages 1035-1043.
- Muth, Mary K. & Wohlgenant, Michael K., 1999. "Measuring The Degree Of Oligopsony Power In The Beef Packing Industry In The Absence Of Marketing Input Quantity Data," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 24(02), December.
- Murray, Brian C, 1995. "Measuring Oligopsony Power with Shadow Prices: U.S. Markets for Pulpwood and Sawlogs," The Review of Economics and Statistics, MIT Press, vol. 77(3), pages 486-98, August.
- Appelbaum, Elie, 1982. "The estimation of the degree of oligopoly power," Journal of Econometrics, Elsevier, vol. 19(2-3), pages 287-299, August.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Carlos Andrés Vasco Correa).
If references are entirely missing, you can add them using this form.