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Over the last few years, market power has been one of
the most widely discussed issues in the Asian public,
as many Asian countries began to establish their
competition law. The target is to eliminate the cost
of market power, the decrease of social welfare and
the increase of redistribution of wealth. Despite of
this concern, few studies have been taken to
investigate market power in Asian countries. This
book, therefore, is expected to help fill the void.
The Indonesian crude palm oil industry is chosen as a
case study, as it known as the largest CPO producer
in the world. Details of the estimation procedure in
modeling and estimating market power are provided.
In addition, this book also presents a critical
review of various market power models, covering both
static and dynamic models. These procedure and
review will benefit students and researchers who
study problems in market power. Finally, this book
is concluded with several policy implications based
on estimation findings, therefore, they might be
useful as a reference for policy makers in addressing
market power problems.
the most widely discussed issues in the Asian public,
as many Asian countries began to establish their
competition law. The target is to eliminate the cost
of market power, the decrease of social welfare and
the increase of redistribution of wealth. Despite of
this concern, few studies have been taken to
investigate market power in Asian countries. This
book, therefore, is expected to help fill the void.
The Indonesian crude palm oil industry is chosen as a
case study, as it known as the largest CPO producer
in the world. Details of the estimation procedure in
modeling and estimating market power are provided.
In addition, this book also presents a critical
review of various market power models, covering both
static and dynamic models. These procedure and
review will benefit students and researchers who
study problems in market power. Finally, this book
is concluded with several policy implications based
on estimation findings, therefore, they might be
useful as a reference for policy makers in addressing
market power problems.