Pakistan's manufacturing sector is characterised by relatively high capital intensity and the level of absorption of labour in industry is low. This paper estimates the elasticities of substitution in Pakistan's large-scale manufacturing sector to determine the potential for switching to...

A significant increase of concentration in the UK salmon retailsubsector has heightened concerns about retail firms’ ability to exercise marketpower in the purchase of supplies (oligopsony power). To assess the extent towhich retail firms have exercised oligopsony power, we develop a dynamic...

The factor of the earlier/later closing market, which appears in pairs of time series with non-synchronism problem exposure, may predetermine the results of the Granger causality test conducted on classic form. The shift in GMT timeline reverses the exposure of the market to the factor of...

The comparison was performed between Granger causality test results, based on the equations in classic and non-synchronism corrected forms applying the pairs of stock market indices with daily data non-synchronism problem. In contrast to the non-synchronism corrected form of the equation, the...

A significant increase of concentration in the UK salmon retail subsector has heightened concerns about retail firms’ ability to exercise market power in the purchase of supplies (oligopsony power). To assess the extent to which retail firms have exercised oligopsony power, we develop a...

This paper presents an investigation into the market structure for three product types of salmon (smoked, fresh and whole salmon) in the UK retail market. Evidence of the potential for market power and pricing conduct is analysed using structural simultaneous system equations based on the...

This paper presents an investigation into the market structure for three product types of salmon (smoked, fresh and whole salmon) in the UK retail market. Evidence of the potential for market power and pricing conduct is analysed using structural simultaneous system equations based on the...