Skip to main content

Econometric issues related to identification of the market power parameter

Buy Article:

$51.63 plus tax (Refund Policy)


This study demonstrates the crucial role the specification of the cost function plays in identifying the market power parameter in autarky models. For constant marginal cost or marginal cost with quantity interacting with input prices, the market power parameter in autarky models in identified without a rotation of the demand curve. If a comodity is sold in both domestic and foreign markets, the market power parameters are identified regardless of the specific form of the marginal cost and demand specifications.

Keywords: L11; L13; conjectural elasticities; identification; market power; trade

Document Type: Research Article


Affiliations: 1: Agricultural Economics, University of Idaho, Moscow, ID 83844,–,2334, USA 2: School of Economics Sciences, Washington State University, Pullman, WA, USA

Publication date: November 1, 2013

More about this publication?

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more