Testing for the cartel in OPEC: non-cooperative collusion or just non-cooperative?
This paper extends the framework of Green and Porter (1984) and Porter (1983a) to encompass the case of a cartel (OPEC) faced by a competitive fringe (non-OPEC oil producers). Estimation of a simultaneous equation switching regression model allows us to examine which market structure better characte...
Almoguera, Pedro A
Douglas, Christopher C
Herrera, Ana María
|Place of publication:||
Oxford University Press 2011
|published in:||Oxford Review of Economic Policy Vol. 27; no. 1; pp. 144 - 168|
|Data of publication:||2011|
Oxford Review of Economic Policy
|Online Access:||available in Bonn?|
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