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Nonstructural And Statistical Nonparametric Market Power Tests: An Empirical Investigation

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  • Noelke, Corinna M.
  • Raper, Kellie Curry

Abstract

We use Monte Carlo experiments to assess the accuracy of two nonstructural and two statistical nonparametric market power tests. We implement these monopoly and monopsony market power tests using data from ten known market structures. The objective is to determine which test is most able to distinguish between market structures. The statistical nonparametric market power tests appear to be promising.

Suggested Citation

  • Noelke, Corinna M. & Raper, Kellie Curry, 1999. "Nonstructural And Statistical Nonparametric Market Power Tests: An Empirical Investigation," 1999 Annual meeting, August 8-11, Nashville, TN 21645, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea99:21645
    DOI: 10.22004/ag.econ.21645
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    References listed on IDEAS

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