Integrating the Structural Auction Approach and Traditional Measures of Market Power



Table 4. Nonlinear Two-Stage Least Squares Estimates of the NEIO Model

Parameter

Symbol

Estimate

Standard error

p-value

Industry conjectural variation

Θ

-0.94

0.19

0.0004

Processor’s pricing equation
intercept

a0

-4.76

2.31

0.0633

Coefficient for packer’s marginal
cost

a1

13.06

34.04

0.7085

Price markdown

2.7

36



More intriguing information

1. Managing Human Resources in Higher Education: The Implications of a Diversifying Workforce
2. Dementia Care Mapping and Patient-Centred Care in Australian residential homes: An economic evaluation of the CARE Study, CHERE Working Paper 2008/4
3. DISCUSSION: ASSESSING STRUCTURAL CHANGE IN THE DEMAND FOR FOOD COMMODITIES
4. Robust Econometrics
5. The name is absent
6. Experience, Innovation and Productivity - Empirical Evidence from Italy's Slowdown
7. Parent child interaction in Nigerian families: conversation analysis, context and culture
8. Investment and Interest Rate Policy in the Open Economy
9. LOCAL PROGRAMS AND ACTIVITIES TO HELP FARM PEOPLE ADJUST
10. The name is absent