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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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    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), January.
    2. 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.

    More about this item

    Keywords

    MARKET STRUCTURE ; COMPETITION ; NETHERLANDS ; ECONOMIC MODELS;

    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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