TY - JOUR ID - 51795 TI - Analysingthe Countervailing Power Hypothesis in Iranian Industries JO - Journal of Economic Research (Tahghighat- E- Eghtesadi) JA - JTE LA - en SN - 0039-8969 AU - Emami, Soodeh Alsadat AU - Kurdbacheh, Hamid AD - MA of Economic Development and Planning, Bu-Ali Sina University-Hamadan- Iran AD - Associate Professor of economics, Faculty of economic and social science, Bu-Ali Sina University, Hamedan, Iran Y1 - 2014 PY - 2014 VL - 49 IS - 2 SP - 295 EP - 314 KW - Countervailing power KW - Market Structure KW - Buyer concentration KW - Seller concentration KW - Lerner Index KW - Monopoly KW - Iran and ISIC DO - 10.22059/jte.2014.51795 N2 - The concept of countervailing power is a term to describe the situation in which the market power of one side (sellers) may be balanced by the market power of another side(buyers) in a given market. The purpose of this paper is to test this hypothesis and to determine whether the market power of sellers has had a restraining influence on increases in buyer market power in Iran’s large industries.To this end we use a panelof 4-digit ISICindustries data over the period 1995-2010.The findings of this paper support the countervailing power hypothesise in Iranian large manufacturing industries in whichthe industries with more market power on the seller side and less market power on the buyer side enhance the performance of the firms. UR - https://jte.ut.ac.ir/article_51795.html L1 - https://jte.ut.ac.ir/article_51795_f98c96cfba62aaf3483c2b2282fff2e3.pdf ER -