Testing for market power in the U.S. motor carrier industry

Autor:	B. Starr McMullen, William Nebesky, Man-Keung Lee
Rok vydání:	1995
Předmět:	Microeconomics Organizational Behavior and Human Resource Management Economics and Econometrics Motor carrier Management of Technology and Innovation Strategy and Management Economics Market power Monopoly health care economics and organizations Industrial organization
Zdroj:	Review of Industrial Organization. 10:559-576
ISSN:	1573-7160 0889-938X
DOI:	10.1007/bf01026881
Popis:	During the 1980's, researchers noted a trend towards increased concentration in the general freight, less-than-truckload (LTL) portion of the U.S. motor carrier industry. The purpose of this study is to employ new empirical industrial organization techniques to determine whether the more concentrated, post-1980, LTL industry exerted monopoly pricing behavior and to compare the nature of pricing behavior before and after regulation reform. The results suggest that the trend toward increased industry concentration does not imply anti-competitive performance. Also, the results indicate the presence of regulation-induced market power several years prior to regulation reform in 1980.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::8dea2081353ec6b10d543992a90216da https://doi.org/10.1007/bf01026881 Zobrazit plný text záznamu Plný text ve formátu PDF