Imports of pulpwood and price discrimination: A test of buying power in the swedish pulpwood market

• The Swedish pulp and paper industry's ability to exert monopsony power is tested both with a conjectural variation model, which parameterizes the firms' expectations about other firms' behavior, and with a model that estimates country-specific effects and effects of currency fluctuations on import prices. We use industry data for the 1970-1993 period and find only weak evidence of market power, in spite of the apparent lack of competition.

Ämnesord

SAMHÄLLSVETENSKAP  -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)

SOCIAL SCIENCES  -- Economics and Business -- Economics (hsv//eng)

Nyckelord

Conjectural variation

Generalized leontief

Market power

Monopsony

Oligopsony

Profit function

Economics

Nationalekonomi

Publikations- och innehållstyp

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