Testing Oligopolistic Behaviors: Conduct and Cost in Taiwan's Flour Market
Article first published online: 21 NOV 2011
© 2011 Wiley Periodicals, Inc.
Volume 28, Issue 1, pages 1–14, Winter 2012
How to Cite
Ma, T.-C. (2012), Testing Oligopolistic Behaviors: Conduct and Cost in Taiwan's Flour Market. Agribusiness, 28: 1–14. doi: 10.1002/agr.20284
- Issue published online: 10 APR 2012
- Article first published online: 21 NOV 2011
Testing the validity of the new empirical industrial organization (NEIO) proposition is often made more complicated by a lack of reliable cost data. Nevertheless, the author takes advantage of a more sophisticated dataset to directly measure cost in Taiwan's flour market. In contrast to the previous findings, the evidence indicates that the NEIO technique performs reasonably well in estimating both conduct and cost parameters.