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In Which Industries Is Collusion More Likely?

Symeonidis, George In Which Industries Is Collusion More Likely? [UNSPECIFIED]

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This paper provides an analysis of factors facilitating or hindering collusion using data on the occurrence of price-fixing across UK manufacturing industries in the 1950s. The econometric results suggest that collusion is more likely the higher the degree of capital intensity and less likely in advertising-intensive than in low-advertising industries, while the relationship between market growth and the likelihood of collusion is non-monotonic. Less clear results are obtained with respect to R&D intensity and concentration.

Uncontrolled Keywords: L10, Cartels, Collusion, UK Manufacturing
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences > Economics, Department of
Depositing User: Jim Jamieson
Date Deposited: 16 Aug 2012 10:27
Last Modified: 17 Aug 2017 18:08

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