Duration of Norwegian Cartels : What influenced the duration of the legal Norwegian cartels in the period 1957-1991?

dc.contributor.advisor	Steen, Frode
dc.contributor.author	Lillefosse, Dag Olav
dc.date.accessioned	2016-09-02T07:42:39Z
dc.date.available	2016-09-02T07:42:39Z
dc.date.issued	2016-09-02
dc.identifier.uri	http://hdl.handle.net/11250/2403708
dc.description.abstract	In this thesis I study the duration of cartels using data on 191 legal manufacturing cartels that was registered in the Norwegian Cartel Registry between 1957 and 1991. I find that the Norwegian manufacturing cartels typically were quite small and that they more often cooperated through price-based mechanisms rather than market allocation-based ones. Cartels that use quotas or exclusive territories lasted longer than cartels that fixed prices. Economic fluctuations are found to influence the duration of a cartel with negative deviations from trend GDP increasing the probability of a cartel breaking up while positive deviations from trend reduces it. The use of common sales offices are found to be positively related to the durability of cartels.	nb_NO
dc.language.iso	eng	nb_NO
dc.subject	economics	nb_NO
dc.title	Duration of Norwegian Cartels : What influenced the duration of the legal Norwegian cartels in the period 1957-1991?	nb_NO
dc.type	Master thesis	nb_NO
dc.description.localcode	nhhmas	nb_NO