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.

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Year of publication:	2004-12-14
Authors:	Arrieta Paredes, Mary-Paz

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Arrieta Paredes, Mary-Paz (2004): Capacity Expansions timing patterns in the United Kingdom’s petroleum refining industry between 1948 and 1998.
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:	BASE

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