Aggregation with Cournot Competition: An Empirical Investigation
Author
Abstract
Suggested Citation
DOI: 10.15609/annaeconstat2009.121-122.91
Download full text from publisher
Other versions of this item:
- Koebel, Bertrand & Laisney, François, 2016. "Aggregation with Cournot competition: an empirical investigation," MPRA Paper 72191, University Library of Munich, Germany.
- Bertrand Koebel & Francois Laisney, 2016. "Aggregation with Cournot Competition: An Empirical Investigation," Post-Print hal-01721823, HAL.
References listed on IDEAS
- Bertrand M. Koebel, 2002.
"Can Aggregation Across Goods be Achieved by Neglecting The Problem? Property Inheritance and Aggregation Bias,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 43(1), pages 223-255, February.
- Bertrand Koebel, 2002. "Can Aggregation across goods be achieved by neglecting the problem? Property inheritance and aggregation bias," Post-Print hal-03337394, HAL.
- Diewert, W. Erwin & Fox, Kevin J., 2008.
"On the estimation of returns to scale, technical progress and monopolistic markups,"
Journal of Econometrics, Elsevier, vol. 145(1-2), pages 174-193, July.
- Kevin J. Fox & W. Erwin Diewert, 2004. "On the Estimation of Returns to Scale, Technical Progress and Monopolistic Markups," Econometric Society 2004 Australasian Meetings 310, Econometric Society.
- Lau, Lawrence J., 1982. "On identifying the degree of competitiveness from industry price and output data," Economics Letters, Elsevier, vol. 10(1-2), pages 93-99.
- Lewbel, Arthur, 1996. "Aggregation without Separability: A Generalized Composite Commodity Theorem," American Economic Review, American Economic Association, vol. 86(3), pages 524-543, June.
- Sabien Dobbelaere & Jacques Mairesse, 2013.
"Panel data estimates of the production function and product and labor market imperfections,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 28(1), pages 1-46, January.
- Dobbelaere, Sabien & Mairesse, Jacques, 2007. "Panel data estimates of the production function and product and labor market imperfections," Working Paper Series 782, European Central Bank.
- Sabien Dobbelaere & Jacques Mairesse, 2009. "Panel Data Estimates of the Production Function and Product and Labor Market Imperfections," Tinbergen Institute Discussion Papers 09-001/3, Tinbergen Institute.
- S. Dobbelaere & J. Mairesse, 2009. "Panel data estimates of the production function and product and labor market imperfections," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 09/586, Ghent University, Faculty of Economics and Business Administration.
- Sabien Dobbelaere & Jacques Mairesse, 2008. "Panel Data Estimates Of The Production Function And Product And Labor Market Imperfections," NBER Working Papers 13975, National Bureau of Economic Research, Inc.
- Dobbelaere, Sabien & Mairesse, Jacques, 2010. "Panel Data Estimates of the Production Function and Product and Labor Market Imperfections," IZA Discussion Papers 5176, Institute of Labor Economics (IZA).
- William Novshek, 1985.
"On the Existence of Cournot Equilibrium,"
Review of Economic Studies, Oxford University Press, vol. 52(1), pages 85-98.
- Novshek, William., 1984. "On the Existence of Cournot Equilibrium," Working Papers 517, California Institute of Technology, Division of the Humanities and Social Sciences.
- repec:adr:anecst:y:2014:i:115-116:p:13 is not listed on IDEAS
- Heiner, Ronald A, 1982. "Theory of the Firm in "Short-Run" Industry Equilibrium," American Economic Review, American Economic Association, vol. 72(3), pages 555-562, June.
- Kulatilaka, Nalin, 1987. "The Specification of Partial Static Equilibrium Models," The Review of Economics and Statistics, MIT Press, vol. 69(2), pages 327-335, May.
- Bartelsman, Eric J., 1995. "Of empty boxes: Returns to scale revisited," Economics Letters, Elsevier, vol. 49(1), pages 59-67, July.
- Roeger, Werner, 1995. "Can Imperfect Competition Explain the Difference between Primal and Dual Productivity Measures? Estimates for U.S. Manufacturing," Journal of Political Economy, University of Chicago Press, vol. 103(2), pages 316-330, April.
- Amir, Rabah, 1996.
"Cournot Oligopoly and the Theory of Supermodular Games,"
Games and Economic Behavior, Elsevier, vol. 15(2), pages 132-148, August.
- AMIR, Rabah, 1994. "Cournot Oligopoly and the Theory of Supermodular Games," LIDAM Discussion Papers CORE 1994013, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Bresnahan, Timothy F., 1982. "The oligopoly solution concept is identified," Economics Letters, Elsevier, vol. 10(1-2), pages 87-92.
- Koebel, Bertrand M. & Laisney, François, 2010. "The aggregate Le Chatelier Samuelson principle with Cournot competition," ZEW Discussion Papers 10-009, ZEW - Leibniz Centre for European Economic Research.
- Bertrand Koebel & François Laisney, 2014.
"Aggregation with Cournot Competition: the Le Chatelier Samuelson Principle,"
Annals of Economics and Statistics, GENES, issue 115-116, pages 343-360.
- Koebel, Bertrand & François, Laisney, 2014. "Aggregation with Cournot competition: the Le Chatelier Samuelson principle," MPRA Paper 60476, University Library of Munich, Germany.
- Hall, Robert E, 1988.
"The Relation between Price and Marginal Cost in U.S. Industry,"
Journal of Political Economy, University of Chicago Press, vol. 96(5), pages 921-947, October.
- Robert E. Hall, 1986. "The Relation Between Price and Marginal Cost in U.S. Industry," NBER Working Papers 1785, National Bureau of Economic Research, Inc.
- Burnside, Craig, 1996. "Production function regressions, returns to scale, and externalities," Journal of Monetary Economics, Elsevier, vol. 37(2-3), pages 177-201, April.
- Catherine J. Morrison Paul & Donald Siegel, 1999. "Estimation of Scale Economies Underlying Growth and Productivity: The Empirical Implications of Data Aggregation," Southern Economic Journal, John Wiley & Sons, vol. 65(4), pages 739-756, April.
- Manuel Frondel & Christoph M. Schmidt, 2002. "The Capital-Energy Controversy: An Artifact of Cost Shares?," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 53-79.
- Hoernig, Steffen H., 2003. "Existence of equilibrium and comparative statics in differentiated goods Cournot oligopolies," International Journal of Industrial Organization, Elsevier, vol. 21(7), pages 989-1019, September.
- Amir, Rabah, 2005.
"Ordinal versus cardinal complementarity: The case of Cournot oligopoly,"
Games and Economic Behavior, Elsevier, vol. 53(1), pages 1-14, October.
- AMIR, Rabah, 2004. "Ordinal versus cardinal complementarity : the case of cournot oligopoly," LIDAM Discussion Papers CORE 2004036, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Braulke, Michael, 1984. "The Firm in Short-run Industry Equilibrium: Comment," American Economic Review, American Economic Association, vol. 74(4), pages 750-753, September.
- repec:adr:anecst:y:2014:i:115-116 is not listed on IDEAS
- Menezes-Filho, Naercio, 2005. "Is the Consumer Sector Competitive in the U.K.? A Test Using Household-Level Demand Elasticities and Firm-Level Price Equations," Journal of Business & Economic Statistics, American Statistical Association, vol. 23, pages 295-304, July.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Bertrand Koebel & François Laisney, 2014.
"Aggregation with Cournot Competition: the Le Chatelier Samuelson Principle,"
Annals of Economics and Statistics, GENES, issue 115-116, pages 343-360.
- Koebel, Bertrand & François, Laisney, 2014. "Aggregation with Cournot competition: the Le Chatelier Samuelson principle," MPRA Paper 60476, University Library of Munich, Germany.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Bertrand Koebel & François Laisney, 2014.
"Aggregation with Cournot Competition: the Le Chatelier Samuelson Principle,"
Annals of Economics and Statistics, GENES, issue 115-116, pages 343-360.
- Koebel, Bertrand & François, Laisney, 2014. "Aggregation with Cournot competition: the Le Chatelier Samuelson principle," MPRA Paper 60476, University Library of Munich, Germany.
- Xi Chen, 2011. "Increasing Returns to Scale in U.S. manufacturing industries: evidence from direct and reverse regression," Working Papers of BETA 2011-11, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Maes, Dries & Vancauteren, Mark & Van Passel, Steven, 2019. "Investigating market power in the Belgian pork production chain," Review of Agricultural, Food and Environmental Studies, Institut National de la Recherche Agronomique (INRA), vol. 100(1-4), November.
- Robert Inklaar, 2007.
"Cyclical Productivity in Europe and the United States: Evaluating the Evidence on Returns to Scale and Input Utilization,"
Economica, London School of Economics and Political Science, vol. 74(296), pages 822-841, November.
- Inklaar, Robert, 2005. "Cyclical productivity in Europe and the United States, evaluating the evidence on returns to scale and input utilization," GGDC Research Memorandum 200574, Groningen Growth and Development Centre, University of Groningen.
- Inklaar, Robert, 2006. "Cyclical Productivity in Europe and the United States, Evaluating the Evidence on Returns to Scale and Input Utilization," CEPR Discussion Papers 5501, C.E.P.R. Discussion Papers.
- Andrew F. Daughety, 2006. "Cournot Competition," Vanderbilt University Department of Economics Working Papers 0620, Vanderbilt University Department of Economics.
- Ferdaous Bahri & Taher Hamza, 2020. "The Impact of Market Power on Bank Risk-Taking: an Empirical Investigation," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(3), pages 1198-1233, September.
- Dries Maes & Mark Vancauteren & Steven Passel, 2019. "Investigating market power in the Belgian pork production chain," Review of Agricultural, Food and Environmental Studies, Springer, vol. 100(1), pages 93-117, December.
- Tabak, Benjamin M. & Gomes, Guilherme M.R. & da Silva Medeiros, Maurício, 2015.
"The impact of market power at bank level in risk-taking: The Brazilian case,"
International Review of Financial Analysis, Elsevier, vol. 40(C), pages 154-165.
- Benjamin Miranda Tabak & Guilherme Maia Rodrigues Gomes & Maurício da Silva Medeiros Júnior, 2012. "The Impact of Market Power at Bank Level in Risk-taking: the Brazilian case," Working Papers Series 283, Central Bank of Brazil, Research Department.
- Chen, Yuquan & Yu, Xiaohua, 2018. "Does the centralized slaughtering policy create market power for pork industry in China?," China Economic Review, Elsevier, vol. 50(C), pages 59-71.
- Dries Maes & Mark Vancauteren & Steven Van Passel, 2019. "Investigating market power in the Belgian porkproduction chain," Review of Agricultural, Food and Environmental Studies, INRA Department of Economics, vol. 100(1-4), pages 93-117.
- Paul Schreyer & María Belén Zinni, 2021.
"Productivity Measurement, R&D Assets, and Mark‐Ups in OECD Countries,"
Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 67(4), pages 787-809, December.
- Paul Schreyer & Belen Zinni, 2018. "Productivity measurement, R&D assets and mark-ups in OECD countries," OECD Statistics Working Papers 2018/06, OECD Publishing.
- Brissimis, Sophocles N. & Delis, Manthos D., 2011.
"Bank-level estimates of market power,"
European Journal of Operational Research, Elsevier, vol. 212(3), pages 508-517, August.
- Sophocles N. Brissimis & Manthos D. Delis, 2009. "Bank-Level Estimates of Market Power," Working Papers 93, Bank of Greece.
- Flora Bellone & Patrick Musso & Lionel Nesta & Frédéric Warzynski, 2009.
"L'effet pro-concurrentiel de l'intégration européenne. Une analyse de l'évolution des taux de marge dans les industries manufacturières françaises,"
Revue de l'OFCE, Presses de Sciences-Po, vol. 0(1), pages 139-163.
- Bellone, Flora & Musso, Patrick & Nesta, Lionel & Warzynski, Frédéric, 2007. "L'effet pro-concurrentiel de l'intégration européenne: Une analyse de l'évolution des taux de marge dans les industries manufacturiéres francaises," Working Papers 08-2, University of Aarhus, Aarhus School of Business, Department of Economics.
- Flora Bellone & Patrick Musso & Lionel Nesta & Frédéric Warzynski, 2009. "L’effet pro-concurrentiel de l’intégration européenne: Une analyse de l’évolution des taux de marge dans les industries manufacturières françaises," Sciences Po publications info:hdl:2441/eu4vqp9ompq, Sciences Po.
- Flora Bellone, 2009. "L'effet pro-concurrentiel de l'intégration européenne : une analyse de l'évolution des taux de marge dans les industries manufacturières françaises," Post-Print halshs-00457871, HAL.
- Flora Bellone & Patrick Musso & Lionel Nesta & Frédéric Warzynski, 2008. "L’effet pro-concurrentiel de l’intégration européenne : une analyse de l’évolution des taux de marge dans les industries manufacturières françaises," Documents de Travail de l'OFCE 2008-09, Observatoire Francais des Conjonctures Economiques (OFCE).
- Flora Bellone & Patrick Musso & Lionel Nesta & Frédéric Warzynski, 2009. "L'effet pro-concurrentiel de l'intégration européenne. Une analyse de l'évolution des taux de marge dans les industries manufacturières françaises," Post-Print halshs-00720197, HAL.
- Lionel Nesta & Flora Bellone & Patrick Musso & Frédéric Warzynski, 2008. "L'effet pro-concurrentiel de l'intégration européenne : une analyse de l'évolution des taux de marge dans les industries manufacturières françaises," Sciences Po publications 2008-09, Sciences Po.
- Lionel Nesta & Flora Bellone & Patrick Musso & Frédéric Warzynski, 2008. "L'effet pro-concurrentiel de l'intégration européenne : une analyse de l'évolution des taux de marge dans les industries manufacturières françaises," Working Papers hal-00973041, HAL.
- Cherchye, Laurens & Demuynck, Thomas & De Rock, Bram, 2013.
"The empirical content of Cournot competition,"
Journal of Economic Theory, Elsevier, vol. 148(4), pages 1552-1581.
- Laurens CHERCHYE & Thomas DEMUYNCK & Bram DE ROCK, 2011. "The empirical content of Cournot competition," Working Papers of Department of Economics, Leuven ces11.11, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
- Laurens Cherchye & Thomas Demuynck & Bram De Rock, 2013. "The empirical content of Cournot competition," ULB Institutional Repository 2013/151678, ULB -- Universite Libre de Bruxelles.
- Ana Cristina Soares, 0. "Price-cost margin and bargaining power in the European Union," Empirical Economics, Springer, vol. 0, pages 1-31.
- Davis, Peter, 2006. "Estimation of quantity games in the presence of indivisibilities and heterogeneous firms," Journal of Econometrics, Elsevier, vol. 134(1), pages 187-214, September.
- Duran-Micco, Elisa & Perloff, Jeffrey M., 2020. "How Large Are Double Markups?By," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt2zv493q7, Department of Agricultural & Resource Economics, UC Berkeley.
- Steve Motsi & Oluseye Samuel Ajuwon & Collins Ntim, 2018. "Bank Competition in Sub-Saharan African Countries: Has Anything Changed in the Light of 2007-2008 Global FinancialCrisis?," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 68(1), pages 59-83, January-M.
- Rabah Amir, 2005.
"Supermodularity and Complementarity in Economics: An Elementary Survey,"
Southern Economic Journal, John Wiley & Sons, vol. 71(3), pages 636-660, January.
- AMIR, Rabah, 2003. "Supermodularity and complementarity in economics: an elementary survey," LIDAM Discussion Papers CORE 2003104, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- AMIR, Rabah, 2005. "Supermodularity and complementarity in economics: an elementary survey," LIDAM Reprints CORE 1823, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Michael L. Polemis & Panagiotis N. Fotis, 2016.
"Measuring the Magnitude of Significant Market Power in the Manufacturing and Services Industries: A Cross Country Approach,"
Journal of Industry, Competition and Trade, Springer, vol. 16(1), pages 51-79, March.
- Michael Polemis & Panagiotis Fotis, 2016. "Measuring the Magnitude of Significant Market Power in the Manufacturing and Services Industries: A Cross Country Approach," Journal of Industry, Competition and Trade, Springer, vol. 16(1), pages 51-79, March.
- Polemis, Michael & Fotis, Panagiotis, 2015. "Measuring the Magnitude of Significant Market Power in the Manufacturing and Services Industries: A Cross Country Approach," MPRA Paper 63245, University Library of Munich, Germany.
More about this item
Keywords
Aggregation; Le Chatelier-Samuelson Principle; Returns to Scale; Market Power; Markup; Own-Price Elasticity.;All these keywords.
JEL classification:
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:adr:anecst:y:2016:i:121-122:p:91-119. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://edirc.repec.org/data/ensaefr.html .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Secretariat General or Laurent Linnemer (email available below). General contact details of provider: https://edirc.repec.org/data/ensaefr.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.