Identification of Market Power by Using a Test for Asymmetric Pricing : an Example of the Polish Petrochemical Industry

• Autorzy: Sylwester Bejger , Joanna Bruzda
• Języki publikacji: EN

Abstrakty

EN

This paper attempts to determine whether an asymmetric response to unanticipated positive and negative cost shocks can be identified in the Polish petroleum product price data. We use the test for asymmetric pricing in the context of broader a problem of identification and measurement of market power in various industries.(fragment of text)

Słowa kluczowe

EN

Pricing models; Costs; Petroleum industry; Tests

PL

Modele wyceny; Koszty; Przemysł naftowy; Testy

• Czasopismo: Dynamic Econometric Models
• Rocznik: 2002
• Tom: 5
• Strony: 135--146

Twórcy

autor

Sylwester Bejger

• Nicolaus Copernicus University in Toruń, Poland

autor

Joanna Bruzda

• Nicolaus Copernicus University in Toruń, Poland

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