Abstract

GALLEGO-ALZATE, José B.; OSORIO-USUGA, Jaime A.  and  LORA-RESTREPO, Juan D.. Progreso Técnico y Poder de Mercado en la Industria Textil: Evidencia Empírica para Colombia, 1975-2006. TecnoL. [online]. 2011, n.27, pp.139-157. ISSN 0123-7799.

In this paper, the estimation of market power in the Colombian textile industry during 1975-2006 is presented. It is applied as indicator Lerner index based on Solow’s residual, the information is of the manufacturing annual survey and method estimation is the square ordinary minimums. The key conclusion is confirmation of the existence of market power, estimated at a rate of greater than zero Lerner index and Hall markup of more than one.

Keywords : Market power; cost margin; Lerner index; Solow’s residual; textile industry.

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