ESTIMATING MARKET POWER IN HOMOGENOUS PRODUCT MARKETS USING A COMPOSED ERROR MODEL: APPLICATION TO THE CALIFORNIA ELECTRICITY MARKET
Author:
Affiliation:
1. Professor, Department of Economics, School of Economics and Business; University of Oviedo; 33006 Oviedo Spain
2. Economist, Development Research Group; The World Bank; Washington DC 20433.
Funder
UK Engineering and Physical Sciences Research Council
Regional Government of the Principality of Asturias in conjunction with FEDER
Publisher
Wiley
Subject
Economics and Econometrics,General Business, Management and Accounting
Link
http://onlinelibrary.wiley.com/wol1/doi/10.1111/ecin.12539/fullpdf
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3. Interpreting and Testing the Scaling Property in Models Where Inefficiency Depends on Firm Characteristics;Álvarez;Journal of Productivity Analysis,2006
4. The Estimation of the Degree of Oligopoly Power;Appelbaum;Journal of Econometrics,1982
5. The Trouble with Electricity Markets: Understanding California's Restructuring Disaster;Borenstein;Journal of Economic Perspectives,2002
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