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UCIAS
Institute for Research on Labor and Employment
University of California, Berkeley
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Collinearity in Linear Structural Models of Market Power
Jeffrey M. Perloff, University of California, Berkeley
Edward Z. Shen, Wells Fargo Bank

Download the Paper (85 K, PDF file) - December 1, 2001 Tell a colleague about it.
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ABSTRACT:
The well-known structural model used to estimate market structure suffers from a severe collinearity problem if the marginal cost and demand equations are linear.

SUGGESTED CITATION:
Jeffrey M. Perloff and Edward Z. Shen, "Collinearity in Linear Structural Models of Market Power" (December 1, 2001). Institute for Research on Labor and Employment. Institute for Research on Labor and Employment Working Paper Series. Paper iirwps-083-02.
http://repositories.cdlib.org/iir/iirwps/iirwps-083-02

 
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