The Influence of Collusion on Price Changes: New Evidence from Major Cartel Cases
K. von Blanckenburg, K.A. Kholodilin, A. Geist, German Economic Review 13 (2011) 245–256.
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Zeitschriftenaufsatz
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| Englisch
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Abstract
In this article, we compare the distribution of price changes between collusive and non-collusive periods for 11 major cartels. Based on the theoretical and empirical results from previous research, we discuss the four moments with respect to price changes (mean, variance, skewness and kurtosis). However, none of the above descriptive statistics can be considered as a robust test allowing a differentiation between competition and cartel. Therefore, we implement the Kolmogorov-Smirnov test. According to our results, 9 of 11 cartels were successful in controlling the market price for a number of years. The proposed methodology may be used for antitrust screening and regulatory purposes.</jats:p>
Erscheinungsjahr
Zeitschriftentitel
German Economic Review
Band
13
Zeitschriftennummer
3
Seite
245-256
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von Blanckenburg K, Kholodilin KA, Geist A. The Influence of Collusion on Price Changes: New Evidence from Major Cartel Cases. German Economic Review. 2011;13(3):245-256. doi:10.1111/j.1468-0475.2011.00558.x
von Blanckenburg, K., Kholodilin, K. A., & Geist, A. (2011). The Influence of Collusion on Price Changes: New Evidence from Major Cartel Cases. German Economic Review, 13(3), 245–256. https://doi.org/10.1111/j.1468-0475.2011.00558.x
von Blanckenburg K, Kholodilin KA and Geist A (2011) The Influence of Collusion on Price Changes: New Evidence from Major Cartel Cases. German Economic Review 13, 245–256.
Blanckenburg, Korbinian von, Konstantin A. Kholodilin, and Alexander Geist. “The Influence of Collusion on Price Changes: New Evidence from Major Cartel Cases.” German Economic Review 13, no. 3 (2011): 245–56. https://doi.org/10.1111/j.1468-0475.2011.00558.x.
von Blanckenburg, Korbinian, Konstantin A. Kholodilin und Alexander Geist. 2011. The Influence of Collusion on Price Changes: New Evidence from Major Cartel Cases. German Economic Review 13, Nr. 3: 245–256. doi:10.1111/j.1468-0475.2011.00558.x, .
von Blanckenburg, Korbinian ; Kholodilin, Konstantin A. ; Geist, Alexander: The Influence of Collusion on Price Changes: New Evidence from Major Cartel Cases. In: German Economic Review Bd. 13. Berlin, De Gruyter (2011), Nr. 3, S. 245–256
K. von Blanckenburg, K.A. Kholodilin, A. Geist, The Influence of Collusion on Price Changes: New Evidence from Major Cartel Cases, German Economic Review. 13 (2011) 245–256.
K. von Blanckenburg, K. A. Kholodilin, and A. Geist, “The Influence of Collusion on Price Changes: New Evidence from Major Cartel Cases,” German Economic Review, vol. 13, no. 3, pp. 245–256, 2011.
von Blanckenburg, Korbinian, et al. “The Influence of Collusion on Price Changes: New Evidence from Major Cartel Cases.” German Economic Review, vol. 13, no. 3, De Gruyter , 2011, pp. 245–56, doi:10.1111/j.1468-0475.2011.00558.x.
von Blanckenburg, Korbinian et. al. (2011): The Influence of Collusion on Price Changes: New Evidence from Major Cartel Cases, in: German Economic Review 13 (3), S. 245–256.
von Blanckenburg K, Kholodilin KA, Geist A. The Influence of Collusion on Price Changes: New Evidence from Major Cartel Cases. German Economic Review. 2011;13(3):245–56.
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