Oligopoly behaviour, pricing and imports in Australian consumer non-durable goods manufacturing
Oligopoly behaviour by domestic firms faced with foreign competition in a small open economy is examined in the context of a market for differentiated products. Market power is measured using conjectural variations, distinguishing two models of oligopoly based alternatively on Cournot and Bertrand b...
| Main Authors: | , |
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| Format: | Working Paper |
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School of Economics and Finance, Curtin Business School
2004
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| Online Access: | http://hdl.handle.net/20.500.11937/6168 |
| _version_ | 1848744999139672064 |
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| author | Bloch, Harry Chong, Han |
| author_facet | Bloch, Harry Chong, Han |
| author_sort | Bloch, Harry |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | Oligopoly behaviour by domestic firms faced with foreign competition in a small open economy is examined in the context of a market for differentiated products. Market power is measured using conjectural variations, distinguishing two models of oligopoly based alternatively on Cournot and Bertrand behaviour. This leads to the econometric specification of price-cost margin, import share and budget share equations consistent with an oligopoly equilibrium that encompasses both models. The resulting regression model is applied to quarterly data covering the period from 1984 to 2000 for each of the two-digit Australian manufacturing industries producing primarily consumer non-durable goods. |
| first_indexed | 2025-11-14T06:10:23Z |
| format | Working Paper |
| id | curtin-20.500.11937-6168 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T06:10:23Z |
| publishDate | 2004 |
| publisher | School of Economics and Finance, Curtin Business School |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-61682017-01-30T10:51:08Z Oligopoly behaviour, pricing and imports in Australian consumer non-durable goods manufacturing Bloch, Harry Chong, Han oligopoly imports Australian manufacturing Oligopoly behaviour by domestic firms faced with foreign competition in a small open economy is examined in the context of a market for differentiated products. Market power is measured using conjectural variations, distinguishing two models of oligopoly based alternatively on Cournot and Bertrand behaviour. This leads to the econometric specification of price-cost margin, import share and budget share equations consistent with an oligopoly equilibrium that encompasses both models. The resulting regression model is applied to quarterly data covering the period from 1984 to 2000 for each of the two-digit Australian manufacturing industries producing primarily consumer non-durable goods. 2004 Working Paper http://hdl.handle.net/20.500.11937/6168 School of Economics and Finance, Curtin Business School fulltext |
| spellingShingle | oligopoly imports Australian manufacturing Bloch, Harry Chong, Han Oligopoly behaviour, pricing and imports in Australian consumer non-durable goods manufacturing |
| title | Oligopoly behaviour, pricing and imports in Australian consumer non-durable goods manufacturing |
| title_full | Oligopoly behaviour, pricing and imports in Australian consumer non-durable goods manufacturing |
| title_fullStr | Oligopoly behaviour, pricing and imports in Australian consumer non-durable goods manufacturing |
| title_full_unstemmed | Oligopoly behaviour, pricing and imports in Australian consumer non-durable goods manufacturing |
| title_short | Oligopoly behaviour, pricing and imports in Australian consumer non-durable goods manufacturing |
| title_sort | oligopoly behaviour, pricing and imports in australian consumer non-durable goods manufacturing |
| topic | oligopoly imports Australian manufacturing |
| url | http://hdl.handle.net/20.500.11937/6168 |