Title
Cyclical Fluctuations And Coordination In The Us Steel Industry
Abbreviated Journal Title
Appl. Econ.
Keywords
POWER; Economics
Abstract
The model developed uses a measure of the discrepancy between price and marginal cost to estimate the effects of domestic demand fluctuations on the degree of oligopoly coordination in the US steel industry. Due to the importance of imports, however, domestic demand fluctuations occur whenever market demand and/or import supply shift. Consistent with several recent game-theoretic models, our results show that coordination among US steel producers tends to be weakest when market demand is high and import supply is low.
Journal Title
Applied Economics
Volume
29
Issue/Number
3
Publication Date
1-1-1997
Document Type
Article
Language
English
First Page
279
Last Page
285
WOS Identifier
ISSN
0003-6846
Recommended Citation
"Cyclical Fluctuations And Coordination In The Us Steel Industry" (1997). Faculty Bibliography 1990s. 1915.
https://stars.library.ucf.edu/facultybib1990/1915
Comments
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