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International Competition and the Degree of Monopoly in Australian Manufacturing

Citation

Bloch, HB, International Competition and the Degree of Monopoly in Australian Manufacturing, International Review of Applied Economics, 10, (3) pp. 373-387. ISSN 0269-2171 (1996) [Refereed Article]

DOI: doi:10.1080/02692179600000029

Abstract

Pricing behaviour in open economies is examined by adapting Kalecki's analysis of pricing in closed economies. The parameters of the resulting pricing equation are estimated using data for a sample of Australian manufacturing industries. These estimates are then used to calculate measures reflecting the degree of monopoly for an open economy, which are compared with the ratio of aggregate proceeds to aggregate direct costs as a measure reflecting the degree of monopoly for a closed economy.

Item Details

Item Type:Refereed Article
Research Division:Economics
Research Group:Applied Economics
Research Field:Industry Economics and Industrial Organisation
Objective Division:Economic Framework
Objective Group:Microeconomics
Objective Field:Microeconomics not elsewhere classified
Author:Bloch, HB (Professor Harry Bloch)
ID Code:8441
Year Published:1996
Deposited By:Economics and Finance
Deposited On:1996-08-01
Last Modified:2011-08-19
Downloads:0

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