Norwegian oil market concentration and its effects on the oil service companies 1993–2013
نویسندگان
چکیده
This paper explores the effect of market concentration Norwegian oil production sector (NPS) on Norway's second-largest industry, oilfield services companies (OFS). To capture this effect, we use system generalized method moments approach (GMM) to estimate an empirical model, spanning period 1993–2013. The findings indicate that increased is consistent with lower profitability companies, as bargaining power relative service increases. Increased knowledge about could contribute improving strategies for further development these industries by stakeholders.
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ژورنال
عنوان ژورنال: Scottish Journal of Political Economy
سال: 2021
ISSN: ['0036-9292', '1467-9485']
DOI: https://doi.org/10.1111/sjpe.12304