haku: @author Considine, T.J. / yhteensä: 2
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| Tekijä: | Considine, T.J. |
| Otsikko: | Markup pricing in petroleum refining: a multiproduct framework |
| Lehti: | International Journal of Industrial Organization
2001 : DEC, VOL. 19:10, p. 1499-1526 |
| Asiasana: | PETROLEUM INDUSTRY PRICING |
| Vapaa asiasana: | MARKUPS |
| Kieli: | eng |
| Tiivistelmä: | This paper describes a structural model of markup pricing under joint production with quasi-fixed inputs of capital, labor, and inventories. The price-cost markups are functions of the inverse price elasticity of demand, an industry average conjectural variation elasticity, and the inventory to sales ratio. |
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