Collusion, cyclical demand and capacity constraints : evidence from the chicken industry in Chile

dc.contributor.advisorBobenrieth H., Eugenio S.
dc.contributor.advisorMontero Ayala, Juan Pablo
dc.contributor.advisorSanchez, José Miguel
dc.contributor.authorGonzález Lira, Andrés
dc.contributor.otherPontificia Universidad Católica de Chile. Instituto de Economía
dc.date.accessioned2016-05-13T19:29:44Z
dc.date.available2016-05-13T19:29:44Z
dc.date.issued2012
dc.descriptionTesis (Magíster en Economía)--Pontificia Universidad Católica de Chile, 2012
dc.description.abstractIt is well known that cartels need to manipulate margins over the business cycle in order to enforce collusion amongst impatient firms, and that the specific evolution of these margins depends on the existence of capacity constraints. However, the literature has been largely silent about collusive pricing in presence of softer capacity constraints. We find that under a lax capacity constraint, the evolution of margins over the cycle depends on the degree of impatience of cartel's members; margins increase during booms when firms are patient and decrease when firms are impatient. This theoretical finding has relevant implications for empirical tests of collusion based on the observation of margins over the business cycle, which we discuss using an innovative test for collusion within the Chicken Industry in Chile.
dc.format.extent29 hojas
dc.identifier.doi10.7764/tesisUC/ECO/14984
dc.identifier.urihttps://doi.org/10.7764/tesisUC/ECO/14984
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/14984
dc.information.autorucInstituto de Economía ; Bobenrieth H., Eugenio S. ; 0000-0001-9899-4186 ; 1010081
dc.information.autorucInstituto de Economía ; Montero Ayala, Juan Pablo ; 0000-0002-6815-0158 ; 87534
dc.information.autorucInstituto de Economía ; Sanchez, José Miguel ; S/I ; 60564
dc.information.autorucInstituto de Economía ; González Lira, Andrés ; S/I ; 170790
dc.language.isoen
dc.nota.accesoContenido completo
dc.rightsacceso abierto
dc.subject.ddc330
dc.subject.deweyEconomíaes_ES
dc.subject.otherCompetencia económica - Chilees_ES
dc.subject.otherIndustria avícola - Aspectos económicos - Chilees_ES
dc.titleCollusion, cyclical demand and capacity constraints : evidence from the chicken industry in Chilees_ES
dc.typetesis de maestría
sipa.codpersvinculados1010081
sipa.codpersvinculados87534
sipa.codpersvinculados60564
sipa.codpersvinculados170790
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