Artikel

Expansion, depression and collusion: The Belgian coal industry, 1901-1945

In the first half of the twentieth century a variety of factors - stagnant extraction processes, fierce competition from abroad, less favourable geological endowment, unstable demand during the interwar years - led Belgian coal producers to unify in order to preserve their production capacities. This paper takes the presence of massive coal imports in the Belgian market into account by using a three-equation theoretical model derived from industrial economics to assess the impact of the economic cycle on Belgian coal producers' market power within their domestic market. The results indicate that collusive strategies had a significant impact on the relationship between the economic cycle and the price-cost margin in the Belgian coal industry. In particular, the estimates do not contradict the findings of Haltiwanger and Harrington (1991).

Sprache
Englisch

Erschienen in
Journal: The Journal of European Economic History ; ISSN: 2499-8281 ; Volume: 49 ; Year: 2020 ; Issue: 3 ; Pages: 55-108 ; Roma: Associazione Bancaria Italiana

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Montant, Gil
Ereignis
Veröffentlichung
(wer)
Associazione Bancaria Italiana
(wo)
Roma
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Montant, Gil
  • Associazione Bancaria Italiana

Entstanden

  • 2020

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