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This paper measures the degree of market power of the Greek manufacturing industry over the period 1983-2007 at two-digit SIC level. Based on Bresnahan's (1989) conjectural variation model, three different specifications are used to investigate competitive conditions of the Greek manufacturing...
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This paper investigates the market structure of the Greek manufacturing industry over the period 1984–2007 at the two-digit SIC level. Based on the Hall-Roeger approach (1995), three models are used to investigate the competitive conditions of the manufacturing industry. The first model...
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The dynamic duality econometric approach with the case of multiple outputs is applied to the US cigarette manufacturing industry to test for the presence of adjustment costs and quasi-fixed inputs with regard to stocks of capital and tobacco. Capital and tobacco stocks are found to be...
Persistent link: https://www.econbiz.de/10012771565
In this paper, a two-step procedure is applied in order to investigate technical efficiency and its determinants in the Greek food and beverages manufacturing industry for the period 1984-2007. Technical efficiency scores for the industry are estimated using the DEA approach. Moreover,...
Persistent link: https://www.econbiz.de/10014135438
This paper extends the Hall-Roeger methodology in order to investigate the market structure and to measure the degree of market power in the Greek manufacturing sector over the period 1984-2007 as a whole and by subsector at the two-digit SIC level. The present paper also estimates the net and...
Persistent link: https://www.econbiz.de/10013022010