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Non-Competitive Rents in Dutch Manufacturing: Conduct and Performance in the New Empirical Industrial Organization

Author

Listed:
  • Hindriks, F.A.

Abstract

This report discusses allocative efficiency and focuses on pricing and quantity-setting policies. These can be considered to be the most fundamental aspects of market power. Perfect competition is commonly advocated as optimal. If the price in a certain industry diverges from marginal cost, this ideal has not been met. The quantity supplied is sub-optimal in a situation of imperfect competition.

Suggested Citation

  • Hindriks, F.A., 1999. "Non-Competitive Rents in Dutch Manufacturing: Conduct and Performance in the New Empirical Industrial Organization," Papers 9905/e, NEUHUYS - RESEARCH INSTITUTE FOR SMALL AND MEDIUM.
    • Handle: RePEc:fth:miklrr:9905/e
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    Citations

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    Cited by:

    1. Rezitis, Anthony N. & Kalantizi, Maria A., 2012. "Investigating market structure of the Greek food and beverages manufacturing industry: A Hall-Roeger approach," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 13(1), pages 1-17.
    2. Anthony Rezitis & Maria Kalantzi, 2011. "Investigating Market Structure of the Greek Manufacturing Industry: A Hall-Roeger Approach," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 39(4), pages 383-400, December.
    3. Anthony N. Rezitis & Maria A. Kalantzi, 2016. "Evaluating the state of competition and the welfare losses in the Greek manufacturing sector: an extended Hall–Roeger approach," Empirical Economics, Springer, vol. 50(4), pages 1275-1302, June.
    4. Hindriks, F.A. & Nieuwenhuijsen, H.R. & de Wit, G., 2000. "Comparative Advantages in Estimating Markups," Papers 0003/e, NEUHUYS - RESEARCH INSTITUTE FOR SMALL AND MEDIUM.
    5. Rezitis, Anthony N., 2010. "Evaluating the state of competition of the Greek banking industry," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 20(1), pages 68-90, February.

    More about this item

    Keywords

    MARKET STRUCTURE ; COMPETITION ; NETHERLANDS ; ECONOMIC MODELS;
    All these keywords.

    JEL classification:

    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
    • C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General

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