Market Power, Production (Mis)Allocation and OPEC
Author
Abstract
Suggested Citation
Note: EFG IO PR
Download full text from publisher
References listed on IDEAS
- Margaret E. Slade & Henry Thille, 2009. "Whither Hotelling: Tests of the Theory of Exhaustible Resources," Annual Review of Resource Economics, Annual Reviews, vol. 1(1), pages 239-259, September.
- Chris Edmond & Virgiliu Midrigan & Daniel Yi Xu, 2015.
"Competition, Markups, and the Gains from International Trade,"
American Economic Review, American Economic Association, vol. 105(10), pages 3183-3221, October.
- Chris Edmond & Virgiliu Midrigan & Daniel Yi Xu, 2012. "Competition, Markups, and the Gains from International Trade," NBER Working Papers 18041, National Bureau of Economic Research, Inc.
- Daniel Yi Xu, 2013. "Competition, Markups, and the Gains from International Trade," 2013 Meeting Papers 653, Society for Economic Dynamics.
- Edmond, Chris & Midrigan, Virgiliu & Xu, Daniel Yi, 2013. "Competition, Markups, and the Gains from International Trade," Economics Series 299, Institute for Advanced Studies.
- Ryan Kellogg, 2014.
"The Effect of Uncertainty on Investment: Evidence from Texas Oil Drilling,"
American Economic Review, American Economic Association, vol. 104(6), pages 1698-1734, June.
- Ryan Kellogg, 2010. "The Effect of Uncertainty on Investment: Evidence from Texas Oil Drilling," NBER Working Papers 16541, National Bureau of Economic Research, Inc.
- Lucia Foster & John Haltiwanger & Chad Syverson, 2008.
"Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability?,"
American Economic Review, American Economic Association, vol. 98(1), pages 394-425, March.
- Foster, Lucia & Haltiwanger, John C. & Syverson, Chad, 2005. "Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability?," IZA Discussion Papers 1705, Institute of Labor Economics (IZA).
- Lucia Foster & John Haltiwanger & Chad Syverson, 2005. "Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability?," NBER Working Papers 11555, National Bureau of Economic Research, Inc.
- Lucia Foster & John Haltiwanger & Chad Syverson, 2005. "Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability?," Working Papers 05-11, Center for Economic Studies, U.S. Census Bureau.
- Lars-Hendrik Röller & Frode Steen, 2006. "On the Workings of a Cartel: Evidence from the Norwegian Cement Industry," American Economic Review, American Economic Association, vol. 96(1), pages 321-338, March.
- John Asker, 2010. "A Study of the Internal Organization of a Bidding Cartel," American Economic Review, American Economic Association, vol. 100(3), pages 724-762, June.
- Buchanan, James M, 1969. "External Diseconomies, Corrective Taxes, and Market Structure," American Economic Review, American Economic Association, vol. 59(1), pages 174-177, March.
- Nikolaus Fink & Philipp Schmidt-Dengler & Konrad Stahl & Christine Zulehner, 2017.
"Registered cartels in Austria: an overview,"
European Journal of Law and Economics, Springer, vol. 44(3), pages 385-422, December.
- Nikolaus Fink & Philipp Schmidt-Dengler & Konrad Stahl & Christine Zulehner, 2015. "Registered Cartels in Austria. An Overview," WIFO Working Papers 501, WIFO.
- Fink, Nikolaus & Schmidt-Dengler, Philipp & Stahl, Konrad & Zulehner, Christine, 2015. "Registered cartels in Austria: An overview," ZEW Discussion Papers 14-058, ZEW - Leibniz Centre for European Economic Research.
- Lutz Kilian, 2009.
"Not All Oil Price Shocks Are Alike: Disentangling Demand and Supply Shocks in the Crude Oil Market,"
American Economic Review, American Economic Association, vol. 99(3), pages 1053-1069, June.
- Kilian, Lutz, 2006. "Not All Oil Price Shocks Are Alike: Disentangling Demand and Supply Shocks in the Crude Oil Market," CEPR Discussion Papers 5994, C.E.P.R. Discussion Papers.
- Benjamin Bridgman & Shi Qi & James A. Schmitz, 2015. "Cartels Destroy Productivity: Evidence from the New Deal Sugar Manufacturing Cartel, 1934-74," Staff Report 519, Federal Reserve Bank of Minneapolis.
- Hendricks, Kenneth & Porter, Robert H, 1988. "An Empirical Study of an Auction with Asymmetric Information," American Economic Review, American Economic Association, vol. 78(5), pages 865-883, December.
- Eric Bartelsman & John Haltiwanger & Stefano Scarpetta, 2013.
"Cross-Country Differences in Productivity: The Role of Allocation and Selection,"
American Economic Review, American Economic Association, vol. 103(1), pages 305-334, February.
- Bartelsman, Eric & Haltiwanger, John C. & Scarpetta, Stefano, 2009. "Cross-Country Differences in Productivity: The Role of Allocation and Selection," IZA Discussion Papers 4578, Institute of Labor Economics (IZA).
- Eric J. Bartelsman & John C. Haltiwanger & Stefano Scarpetta, 2009. "Cross-Country Differences in Productivity: The Role of Allocation and Selection," NBER Working Papers 15490, National Bureau of Economic Research, Inc.
- Marhsall, Robert C. & Marx, Leslie M., 2014.
"The Economics of Collusion: Cartels and Bidding Rings,"
MIT Press Books,
The MIT Press,
edition 1, volume 1, number 0262525941, December.
- Marshall, Robert C. & Marx, Leslie M., 2012. "The Economics of Collusion: Cartels and Bidding Rings," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262017326, December.
- Severin Borenstein & James B. Bushnell & Frank A. Wolak, 2002. "Measuring Market Inefficiencies in California's Restructured Wholesale Electricity Market," American Economic Review, American Economic Association, vol. 92(5), pages 1376-1405, December.
- Harrington, Joseph E., 2006. "How Do Cartels Operate?," Foundations and Trends(R) in Microeconomics, now publishers, vol. 2(1), pages 1-105, August.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Ziran Ding, 2021. "Optimal Tariffs with Firm Heterogeneity, Variable Markups, and FDI," Bank of Lithuania Working Paper Series 99, Bank of Lithuania.
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.- Ari Hyytinen & Frode Steen & Otto Toivanen, 2019.
"An Anatomy of Cartel Contracts,"
Economic Journal, Royal Economic Society, vol. 129(621), pages 2155-2191.
- Hyytinen, Ari & Steen, Frode & Toivanen, Otto, 2012. "Anatomy of Cartel Contracts," Discussion Paper Series in Economics 25/2012, Norwegian School of Economics, Department of Economics.
- Hyytinen, Ari & Steen, Frode & Toivanen, Otto, 2013. "Anatomy of Cartel Contracts," CEPR Discussion Papers 9362, C.E.P.R. Discussion Papers.
- Meredith Fowlie & Mar Reguant & Stephen P. Ryan, 2016.
"Market-Based Emissions Regulation and Industry Dynamics,"
Journal of Political Economy, University of Chicago Press, vol. 124(1), pages 249-302.
- Meredith Fowlie & Mar Reguant & Stephen P. Ryan, 2012. "Market-Based Emissions Regulation and Industry Dynamics," NBER Working Papers 18645, National Bureau of Economic Research, Inc.
- Robert Clark & Ig Horstmann & Jean-Francois Houde, 2021. "Hub-and-spoke cartels: Theory and evidence from the grocery industry," Working Paper 1473, Economics Department, Queen's University.
- Nikolaus Fink & Philipp Schmidt-Dengler & Konrad Stahl & Christine Zulehner, 2017.
"Registered cartels in Austria: an overview,"
European Journal of Law and Economics, Springer, vol. 44(3), pages 385-422, December.
- Nikolaus Fink & Philipp Schmidt-Dengler & Konrad Stahl & Christine Zulehner, 2015. "Registered Cartels in Austria. An Overview," WIFO Working Papers 501, WIFO.
- Fink, Nikolaus & Schmidt-Dengler, Philipp & Stahl, Konrad & Zulehner, Christine, 2015. "Registered cartels in Austria: An overview," ZEW Discussion Papers 14-058, ZEW - Leibniz Centre for European Economic Research.
- Jean-François Richard, 2019. "Bidder Collusion: Accounting for All Feasible Bidders," Working Paper 6759, Department of Economics, University of Pittsburgh.
- Hinnerk Gnutzmann & Oskar Kowalewski & Piotr Śpiewanowski, 2020.
"Market Structure and Resilience: Evidence from Potash Mine Disasters,"
American Journal of Agricultural Economics, John Wiley & Sons, vol. 102(3), pages 911-933, May.
- Hinnerk Gnutzmann & Oskar Kowalewksi & Piotr Spiewanowski, 2018. "Market Structure and Supply Shocks: Evidence from Mining Disasters," Working Papers 2018-ACF-01, IESEG School of Management.
- Hinnerk Gnutzmann & Oskar Kowalewski & Piotr Śpiewanowski, 2019. "Market structure and resilience: Evidence from potash mine disasters," Post-Print hal-02499256, HAL.
- Robert Clark & Decio Coviello & Jean-Fran�ois Gauthier & Art Shneyerov, 2018.
"Bid Rigging and Entry Deterrence in Public Procurement: Evidence from an Investigation into Collusion and Corruption in Quebec,"
Journal of Law, Economics, and Organization, Oxford University Press, vol. 34(3), pages 301-363.
- Robert Clark & Decio Coviello & Jean-Francois Gauthier & Art Shneyerov, 2018. "Bid Rigging And Entry Deterrence In Public Procurement: Evidence From An Investigation Into Collusion And Corruption In Quebec," Working Paper 1401, Economics Department, Queen's University.
- Diego Restuccia & Richard Rogerson, 2017.
"The Causes and Costs of Misallocation,"
Journal of Economic Perspectives, American Economic Association, vol. 31(3), pages 151-174, Summer.
- Diego Restuccia & Richard Rogerson, 2017. "The Causes and Costs of Misallocation," Working Papers tecipa-581, University of Toronto, Department of Economics.
- Diego Restuccia & Richard Rogerson, 2017. "The Causes and Costs of Misallocation," NBER Working Papers 23422, National Bureau of Economic Research, Inc.
- Victor Aguirregabiria & Allan Collard-Wexler & Stephen P. Ryan, 2021.
"Dynamic Games in Empirical Industrial Organization,"
NBER Working Papers
29291, National Bureau of Economic Research, Inc.
- Victor Aguirregabiria & Allan Collard-Wexler & Stephen P. Ryan, 2021. "Dynamic Games in Empirical Industrial Organization," Papers 2109.01725, arXiv.org, revised Sep 2021.
- Aguirregabiria, Victor & Collard-Wexler, Allan & Ryan, Stephen, 2021. "Dynamic Games in Empirical Industrial Organization," CEPR Discussion Papers 16514, C.E.P.R. Discussion Papers.
- Victor Aguirregabiria & Allan Collard-Wexler & Stephen P. Ryan, 2021. "Dynamic Games in Empirical Industrial Organization," Working Papers tecipa-706, University of Toronto, Department of Economics.
- Saitis, Athanasios, 2013. "Kartellbekämpfung und interne Kartellstrukturen: Ein netzwerktheoretischer Ansatz," FZID Discussion Papers 85-2013, University of Hohenheim, Center for Research on Innovation and Services (FZID).
- Berthou, Antoine & Chung, John Jong-Hyun & Manova, Kalina & Sandoz, Charlotte, 2019.
"Trade, Productivity and (Mis)allocation,"
CEPR Discussion Papers
14203, C.E.P.R. Discussion Papers.
- Antoine Berthou & John Jong-Hyun Chung & Kalina Manova & Charlotte Sandoz, 2020. "Trade, Productivity and (Mis)allocation," IMF Working Papers 2020/163, International Monetary Fund.
- Berthou, Antoine & Jong-Hyun Chung, John & Manova, Kalina & Sandoz Dit Bragard, Charlotte, 2020. "Trade, productivity and (mis)allocation," LSE Research Online Documents on Economics 108224, London School of Economics and Political Science, LSE Library.
- Antoine Berthou & John Jong-Hyun Chung & Kalina Manova & Charlotte Sandoz Dit Bragard, 2020. "Trade, productivity and (mis)allocation," CEP Discussion Papers dp1668, Centre for Economic Performance, LSE.
- Antoine Berthou & John Jong-Hyun Chung & Kalina Manova & Charlotte Sandoz-Dit-Bragard, 2020. "Trade, Productivity and (Mis)allocation," Working papers 749, Banque de France.
- van den Berg, Anita & Bos, Iwan, 2017.
"Collusion in a price-quantity oligopoly,"
International Journal of Industrial Organization, Elsevier, vol. 50(C), pages 159-185.
- van den Berg, A.H.J. & Bos, A.M., 2011. "Collusion in a price-quantity oligopoly," Research Memorandum 039, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Weinberger, Ariel, 2020. "Markups and misallocation with evidence from exchange rate shocks," Journal of Development Economics, Elsevier, vol. 146(C).
- Jose Asturias & Manuel García-Santana & Roberto Ramos, 2019.
"Competition and the Welfare Gains from Transportation Infrastructure: Evidence from the Golden Quadrilateral of India,"
Journal of the European Economic Association, European Economic Association, vol. 17(6), pages 1881-1940.
- José Asturias & Manuel García-Santana & Roberto Ramos, 2016. "Competition and the Welfare Gains from Transportation Infrastructure: Evidence from the Golden Quadrilateral of India," Working Papers 907, Barcelona Graduate School of Economics.
- Jose Asturias & Manuel García-Santana & Roberto Ramos, 2018. "Competition and the welfare gains from transportation infrastructure: evidence from the golden quadrilateral of India," Working Papers 1816, Banco de España.
- Asturias, Jose & García-Santana, Manuel & Ramos Magdaleno, Roberto, 2016. "Competition and the welfare gains from transportation infrastructure: Evidence from the Golden Quadrilateral of India," CEPR Discussion Papers 11283, C.E.P.R. Discussion Papers.
- Jose Asturias & Manuel García-Santana & Roberto Ramos, 2016. "Competition and the welfare gains from transportation infrastructure: Evidence from the Golden Quadrilateral of India," Economics Working Papers 1526, Department of Economics and Business, Universitat Pompeu Fabra.
- Amitabh Chandra & Amy Finkelstein & Adam Sacarny & Chad Syverson, 2016.
"Health Care Exceptionalism? Performance and Allocation in the US Health Care Sector,"
American Economic Review, American Economic Association, vol. 106(8), pages 2110-2144, August.
- Amitabh Chandra & Amy Finkelstein & Adam Sacarny & Chad Syverson, 2015. "Healthcare Exceptionalism? Performance and Allocation in the U.S. Healthcare Sector," NBER Working Papers 21603, National Bureau of Economic Research, Inc.
- Chandra, Amitabh & Finkelstein, Amy & Sacarny, Adam & Syverson, Chad, 2015. "Healthcare Exceptionalism? Performance and Allocation in the U.S. Healthcare Sector," Working Paper Series 15-058, Harvard University, John F. Kennedy School of Government.
- Catherine Fuss & Angelos Theodorakopoulos, 2018.
"Compositional Changes in Aggregate Productivity in an Era of Globalisation and Financial Crisis,"
Working Papers of VIVES - Research Centre for Regional Economics
627696, KU Leuven, Faculty of Economics and Business (FEB), VIVES - Research Centre for Regional Economics.
- Catherine Fuss & Angelos Theodorakopoulos, 2018. "Compositional changes in aggregate productivity in an era of globalisation and financial crisis," Working Paper Research 336, National Bank of Belgium.
- Alon, Titan & Berger, David & Dent, Robert & Pugsley, Benjamin, 2018.
"Older and slower: The startup deficit’s lasting effects on aggregate productivity growth,"
Journal of Monetary Economics, Elsevier, vol. 93(C), pages 68-85.
- Titan Alon & David Berger & Robert Dent & Benjamin Pugsley, 2017. "Older and Slower: The Startup Deficit’s Lasting Effects on Aggregate Productivity Growth," NBER Working Papers 23875, National Bureau of Economic Research, Inc.
- Titan Alon & David Berger & Robert Dent & Benjamin Pugsley, 2018. "Older and Slower: The Startup Deficit’s Lasting Effects on Aggregate Productivity Growth," Working Papers 18-29, Center for Economic Studies, U.S. Census Bureau.
- Robert Dent & David Berger & Benjamin Pugsley & Titan Alon, 2017. "Older and Slower: The Startup Deficit's Lasting Effects on Aggregate Productivity Growth," 2017 Meeting Papers 1224, Society for Economic Dynamics.
- Karl Pinno and Apostolos Serletis, 2013. "Oil Price Uncertainty and Industrial Production," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
- Asker, John & Collard-Wexler, Allan & De Loecker, Jan, 2011.
"Productivity volatility and the misallocation of resources in developing economies,"
CEPR Discussion Papers
8469, C.E.P.R. Discussion Papers.
- Allan Collard-Wexler & John Asker & Jan De Loecker, 2011. "Productivity volatility and the misallocation of resources in developing economies," Working Papers of Department of Economics, Leuven 507418, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
- Allan Collard-Wexler & John Asker & Jan De Loecker, 2011. "Productivity Volatility and the Misallocation of Resources in Developing Economies," Working Papers 11-13, New York University, Leonard N. Stern School of Business, Department of Economics.
- Allan Collard-Wexler & John Asker & Jan De Loecker, 2011. "Productivity Volatility and the Misallocation of Resources in Developing Economies," NBER Working Papers 17175, National Bureau of Economic Research, Inc.
- John Asker & Allan Collard-Wexler & Jan De Loecker, 2011. "Productivity volatility and the misallocation of resources in developing economies," Working Papers of Department of Economics, Leuven 507295, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
- Umut Kılınç, 2018. "Assessing Productivity Gains from International Trade in a Small Open Economy," Open Economies Review, Springer, vol. 29(5), pages 953-980, November.
More about this item
JEL classification:
- D2 - Microeconomics - - Production and Organizations
- L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
- L4 - Industrial Organization - - Antitrust Issues and Policies
- L72 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Other Nonrenewable Resources
NEP fields
This paper has been announced in the following NEP Reports:- NEP-EFF-2017-09-24 (Efficiency & Productivity)
- NEP-ENE-2017-09-24 (Energy Economics)
- NEP-IND-2017-09-24 (Industrial Organization)
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:nbr:nberwo:23801. 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/nberrus.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: (email available below). General contact details of provider: https://edirc.repec.org/data/nberrus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.