Validating the conjectural variation method the sugar industry, 1890-1914 by David Genesove

Cover of: Validating the conjectural variation method | David Genesove

Published by National Bureau of Economic Research in Cambridge, MA .

Written in English

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Subjects:

  • Sugar trade -- Costs -- Econometric models.,
  • Supply and demand -- Econometric models.

Edition Notes

Book details

StatementDavid Genesove, Wallace P. Mullin.
SeriesNBER working paper series -- working paper no. 5314, Working paper series (National Bureau of Economic Research) -- working paper no. 5314.
ContributionsMullin, Wallace P., National Bureau of Economic Research.
The Physical Object
Pagination48 p. ;
Number of Pages48
ID Numbers
Open LibraryOL22417529M

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Add tags for "Validating the conjectural variation method: the sugar industry, ". Be the first. Get this from a library. Validating the conjectural variation method: the sugar industry, [David Genesove; Wallace P Mullin; National Bureau of Economic Research.] -- Abstract: The Conjectural Variations (CV) methodology uses the responsiveness of price to cost determinants under differing demand conditions to infer market power and cost.

The Conjectural Variations (CV) methodology uses the responsiveness of price to cost determinants under differing demand conditions to infer market power and cost.

It thus substitutes demand information for complete cost information. In this paper we use the American sugar refining industry at the turn of the century to assess the efficacy of the CV approach. David Genesove & Wallace P.

Mullin, "Validating the Conjectural Variation Method: The Sugar Industry, ," Working papersMassachusetts Institute of Technology (MIT), Department of Economics. The Conjectural Variations (CV) methodology uses the responsiveness of price to cost determinants under differing demand conditions to infer.

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