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Capacity Expansions timing patterns in the United Kingdom’s petroleum refining industry between 1948 and 1998

We try to get a handle on whether capacity expansion timing patterns in oligopoly among incumbents are followed. We study the United Kingdom ´s petroleum refining industry between 1948 and 1998. Using fixed-effects logit models, we find that U.K.´s refiners have not followed any definite capacity expansion-timing pattern.
Year of publication:
2004-12-14
Authors: Arrieta Paredes, Mary-Paz
Institutions: Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject: Capacity expansion timing | Mobility deterrence
Extent:
application/pdf
Series:
Type of publication: Book / Working Paper
Classification: L11 - Production, Pricing, and Market Structure Size; Size Distribution of Firms ; L13 - Oligopoly and Other Imperfect Markets ; L71 - Mining, Extraction, and Refining: Hydrocarbon Fuels
Source:
Persistent link: https://www.econbiz.de/10009226965
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