The Impact of the National Industrial Recovery Act on Cartel Formation and Maintenance Costs
Bibliographic Data
| ID | 19317331 |
|---|---|
| Authors | Barbara Alexander, Barbara J Alexander (corresponding author) |
| Year | 1994 |
| Volume | 76 |
| Issue | 2 |
| Pages | 245 |
| Publication date | 1994-05-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Review of Economics and Statistics (JOURNAL) |
| Journal identifiers | ISSN: 0034-6535 • E-ISSN: 1530-9142 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/2109879 |
| OpenAlex | W2038257162 |
| Language | EN |
| Citations received | 17 |
| References cited | 3 |
Antitrust regime shifts represented by the 1933 adoption and 1935 annulment of the National Industrial Recovery Act are postulated to have effects analogous to temporary achievement of Bradburd and Over's 'integrative concentration level' (Bradburd and Over, 1982); a level at which cartel formation and maintenance costs are outweighed by collusive spoils. 'Regime switching' analysis of Census of Manufactures data reveals a 'critical concentration level' of 60 percent in 1933, which disappears in 1935, and reemerges at 38 percent in 1937. The empirical results support the Bradburd and Over framework and suggest that temporary shifts in antitrust regimes may have lasting impacts on the ability of an industry to exercise market power. Copyright 1994 by MIT Press
Business · Cartel · Collusion · Economics · Industrial organization · Consumer Market Behavior and Pricing · Global trade and economics · Merger and Competition Analysis
What Determines Cartel Success?
Price-Fixing Overcharges
Price-fixing Overcharges
Another Look at the Impact of the National Industrial Recovery Act on Cartel Formation and Maintenance Costs
Failed Cooperation in Heterogeneous Industries Under the National Recovery Administration
Did the National Industrial Recovery Act Foster Collusion? Evidence from the Macaroni Industry
On the Determinants of School District Efficiency
Recovery Spring, Faltering Fall
Cementing the case for collusion under the National Recovery Administration
A tale of two Fascisms
The Effect of Cost Heterogeneity in the Success and Failure of the New Deal's Agricultural and Industrial Programs
Monopsony power in the United States
The effect of institutional regime change within the new deal on industrial output and labor markets
Work‐sharing During the Great Depression
Explaining Anomalous Wage Inflation in the 1930s United States
The Case for Antitrust Enforcement
Why Did Prices Rise in the 1930s
| Unique citing works | 17 |
|---|---|
| Citations per year | 0,59 |
| Citation span | 1997 - 2024 (28) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 17 |