Cover: Competition in the Midwestern Coal Industry, from Harvard University PressCover: Competition in the Midwestern Coal Industry in HARDCOVER

Harvard Economic Studies 122

Competition in the Midwestern Coal Industry

Add to Cart

Product Details


$43.50 • £34.95 • €39.00

ISBN 9780674154001

Publication Date: 01/01/1964


226 pages

10 illustrations, 44 tables

Harvard Economic Studies


  • I. Introduction
    • Methodology
    • Data Limitations
  • II. Midwestern Coal Markets
    • Location and Extent of Coal Reserves
    • Theory of Markets
    • The Structure of Freight Rates
    • Isolation of Midwestern Market Area
    • Comparison with Henderson’s Markets
  • III. The Demand for Coal
    • Consumer Uses
    • Midwestern Coal Quality
    • Interfuel Competition
    • Elasticity of demand for Coal
    • Summary of Competitive Forces
  • IV. The Structure of the Midwestern Coal Industry
    • Measures of Concentration
    • Concentration of Coal Production
    • Motives for Merger
    • Midwestern Coal Mergers
    • Vertical Integration in the Midwestern Industry
    • Degree of Buyer Concentration
  • V. Cost Aspects of Structure
    • Methods of Extraction and Coal Preparation
    • Effect of Resource Conditions
    • Short-Run Costs
    • Returns to Scale
    • Structural Influence of Technological Change
  • VI. Barriers to Entry
    • Coal Reserves Ownership
    • Effect of Product Differentiation on Entry
    • Trend Toward Long-Term Coal Contracts
    • Energy Transportation Developments
    • Exit Conditions
  • VII. Market Conduct in the Midwestern Coal Industry
    • Interseller Price Relations
    • Contract Duration and Pricing
    • Effect of Market Structure on Conduct
    • Price Discrimination
    • Influence of Coal Union on Pricing
    • Adjustment of Product
  • VIII. Market Performance in the Midwestern Coal Industry
    • Prewar Earnings Comparison
    • Listed Companies’ Profits
    • Relation of Company Size to Profits
    • Effect of Excess Capacity
    • Midwestern vs. United States’ Excess Capacity
    • Extent of Optimum-Scale Production
    • Effect of Mergers on Productivity
    • Income Distribution
    • Conservation of Natural Resources
  • IX. Final Appraisal
  • Appendix A
  • Appendix B
  • Selected Bibliography Index

Recent News

Black lives matter. Black voices matter. A statement from HUP »

From Our Blog

Marking the 75th Anniversary of Independence from British Rule

August 14 and August 15 mark the seventy-fifth anniversary of independence from British rule for Pakistan and India, respectively. Inextricably linked to the birth of these two South Asian nations is the 1947 Partition of the subcontinent that tragically accompanied the end of British colonialism.