Effects of capacity constraints and concentration on the pricing behaviour in oligopolistic industries with demand fluctuations

被引：0
|
作者：
Kawakami, T [1 ]
机构：
[1] Fukushima Univ, Fukushima, Japan
来源：
JAPANESE ECONOMIC REVIEW | 2000年 / 51卷 / 03期
关键词：
L13;
D O I：
10.1111/1468-5876.00163
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
It has been found that prices move procyclically in some industries and counter-cyclically in others. Empirical research has documented that prices in an industry are likely to move countercyclically when concentration is high and procyclically when concentration is low. I explain these findings by introducing capacity constraints found in the model of Rotemberg and Saloner. JEL Classification Number: L13.
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页码：462 / 470
页数：9
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