• OPECs Market Power: An Empirical Dominant Firm Model for the Oil Market 

      Irarrazabal, Alfonso; Golombek, Rolf; Ma, Lin (Journal article; Peer reviewed, 2018)
      We estimate a dominant firm-competitive fringe model for the crude oil market using quarterly data on oil prices for the 1986–2016 period. The estimated structural parameters have the expected signs and are significant. ...