Public policy and market power in the rayon industry

Article Abstract:

The result of the investigation of the the effects of the National Industrial Recovery Act (NIRA) and the Robinson-Patman Act on the market power of the rayon industry in the 1930s shows that NIRA increased market power of the rayon industry while the Robinson-Patman Act did not have a prominent effect on market power. At the same time, market power seems to have steadily declined during the 1930s. The model measured market power from difference between price and marginal cost.

Economics, Research and Development in the Social Sciences and Humanities, Yarn spinning mills, Rayon & Acetate Spun Yarns, Analysis, Economic aspects, Trade policy, Textile industry, Commercial policy, Public policy (Law), Yarns, Rayon

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Market share instability: an application of unit root tests to the cigarette industry

Article Abstract:

Research information about rivalry in the cigarette industry is given. This paper uses market share data to infer the nature of such rivalries in the cigarette industry over the 1934-94 time period.

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Market share instability: an application of unit root tests to the cigarette industry

Article Abstract:

Using time series, fluctuating market shares in the cigarette industry indicate that rivalry is strong in the industry.

Statistical Data Included, Usage, Competition (Economics), Time-series analysis, Time series analysis

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