Access the full text.
Sign up today, get DeepDyve free for 14 days.
J.C. Williams, B.D. Wright (1991)
Storage and commodity markets
N. Kiefer, T. Vogelsang (2002)
HETEROSKEDASTICITY-AUTOCORRELATION ROBUST STANDARD ERRORS USING THE BARTLETT KERNEL WITHOUT TRUNCATIONEconometrica, 70
D. Vedenov, M. Miranda (2001)
Numerical solution of dynamic oligopoly games with capital investmentEconomic Theory, 18
A. Kirman, M. Sobel (1974)
DYNAMIC OLIGOPOLY WITH INVENTORIESEconometrica, 42
Peter Møllgaard, Sougata Poddar, D. Sasaki (2000)
Strategic Inventories in Two-period Oligopoly
J. Chavas (2006)
On Storage Behavior Under Imperfect Competition
D. Newbery (1984)
Commodity price stabilization in imperfect or cartelized marketsEconometrica, 52
H. Working (1948)
Theory of the inverse carrying charge in futures marketsJournal of Farm Economics, 30
B. Allaz (1991)
Commodity, futures and financial markets, Vol. 21 of Advanced Studies in Theoretical and Applied Econometrics.
Jeffrey Williams, Brian Wright (1991)
Storage and commodity markets: Acknowledgments
J.T. Rotemberg, G. Saloner (1989)
The cyclical behavior of strategic inventoriesQuarterly Journal of Economics, 104
W. Mueller, B. Marion (2000)
Market Power in the Cheese Industry: Further EvidenceReview of Industrial Organization, 17
M. Brennan (1976)
The Supply of Storage
J. Dowie, D. Newbery, J. Stiglitz (1983)
The Theory of Commodity Price Stabilization: A Study in the Economics of Risk.The Economic Journal, 93
Ian Domowitz, R. Hubbard, Bruce Petersen (2007)
You have printed the following article : The Cyclical Behavior of Strategic Inventories
Sébastien Mitraille (2004)
Storage Behaviour Of Cournot Duopolists Over The Business Cycle
W. Mueller, B. Marion, M. Sial (1997)
Price Leadership on the National Cheese ExchangeReview of Industrial Organization, 12
Garth Saloner (1986)
The role of obsolescence and inventory costs in providing commitmentInternational Journal of Industrial Organization, 4
Kuo Huang (1985)
U.S. Demand for Food: A Complete System of Price and Income Effects
N. Kaldor (1939)
Speculation and Economic StabilityThe Review of Economic Studies, 7
Emilio Pagoulatos, Robert Sorensen (1986)
What determines the elasticity of industry demandInternational Journal of Industrial Organization, 4
Blaise Allaz (1991)
Duopoly, Inventories and Futures Markets
R. Lopez, A. Azzam, Carmen Lirón-España (2002)
Market Power and/or Efficiency: A Structural ApproachReview of Industrial Organization, 20
J. McLaren (1999)
Speculation on Primary Commodities: The Effects of Restricted EntryThe Review of Economic Studies, 66
H. Working (1949)
The theory of price of storageAmerican Economic Review, 39
Brian Gould, H. Lin (1994)
The demand for cheese in the United States: The role of household compositionAgribusiness, 10
L. Hansen (1982)
Large Sample Properties of Generalized Method of Moments EstimatorsEconometrica, 50
J. Tirole (1988)
The Theory of Industrial Organization
Whitney Newey, K. West (1986)
A Simple, Positive Semi-Definite, Heteroskedasticity and Autocorrelationconsistent Covariance MatrixEconometrics eJournal
L. Arvan (1985)
Some Examples of Dynamic Cournot Duopoly with InventoryThe RAND Journal of Economics, 16
This paper investigates the economic implications of storage behavior under imperfect competition. It evaluates the economic dynamics implied by a storage firm under alternative market structures. This includes perfect competition as well as imperfect competition under Cournot behavior. The conceptual analysis is used to specify and estimate a model of storage behavior, with an econometric application to the U.S. American cheese market. The empirical results provide statistical evidence of non-competitive storage behavior. They show how the exercise of market power can contribute to reduced stock fluctuations and increased price instability in the U.S. cheese market.
Review of Industrial Organization – Springer Journals
Published: Oct 24, 2008
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.