haku: @indexterm cartels / yhteensä: 110
viite: 43 / 110
| Tekijä: | Alexander, B. |
| Otsikko: | The impact of the national industrial recovery act on cartel formation and maintenance costs |
| Lehti: | Review of Economics and Statistics
1994 : MAY, VOL. 76:2, p. 245-254 |
| Asiasana: | CARTELS MAINTENANCE COSTS ECONOMICS |
| Kieli: | eng |
| Tiivistelmä: | Antitrust regime shifts represented by the 1933 adoption and 1935 annulment of the National Industrial Recovery Act are postulated to have effects anologous to temporary achievement of Bradburd and Over's "intergrative concentration level (Bradburd and Over, 1982); a level at which cartel formation and maintenance costs are outweighed by collusive spoils. "Regime switching" analysis of Census of Manufactures data reveals a "critical concentration level" of 60% in 1933 |
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