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Lerner Index: Estimation and the Impact of its Market Structure Determinants

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dc.creator Alejandro Castañeda Sabido
dc.date 2006
dc.date.accessioned 2022-03-22T16:07:39Z
dc.date.available 2022-03-22T16:07:39Z
dc.identifier http://www.redalyc.org/articulo.oa?id=32315201
dc.identifier.uri http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/82862
dc.description Using the reasoning that assumes that a pro-cyclical Solow residual is an indication of the presence of market power, the paper estimates the Lerner index. At the same time in which we estimate the Lerner index, we measure the impact of industry structure variables (concentration and imports) on this index. Because we have panel data, we also allow for a change in the impact of these variables across time. For the whole manufacturing sector, we find that concentration and imports have a differing impact on the Lerner index across the business cycle. We find evidence that shows that the Lerner index behaves anticyclically. And we also make the analysis by type of good (durables and non-durables) and find differing impacts of concentration and imports by type of good.
dc.format application/pdf
dc.language en
dc.publisher Centro de Investigación y Docencia Económicas, A.C.
dc.relation http://www.redalyc.org/revista.oa?id=323
dc.rights Economía Mexicana. Nueva Época
dc.source Economía Mexicana. Nueva Época (México) Num.2 Vol.XV
dc.subject Economía y Finanzas
dc.subject Lerner index estimation
dc.subject concentration
dc.subject import-penetration
dc.subject pro-cyclical Solow residual
dc.title Lerner Index: Estimation and the Impact of its Market Structure Determinants
dc.type artículo científico


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