Empirical Models of Firms and Industries
52 Pages Posted: 5 Jun 2017
There are 2 versions of this paper
Date Written: June 2017
Abstract
We review important developments in Empirical Industrial Organization (IO) over the last three decades. The paper is organized around six topics: collusion, demand, productivity, industry dynamics, inter-firm contracts, and auctions. We present models that are workhorses in empirical IO, and describe applications. For each topic, we discuss at least one empirical application using Canadian data.
Keywords: Collusion, demand for differentiated products, dynamic structural models, empirical auction models, Empirical IO, inter-firm contracts, production functions
JEL Classification: C57, L10, L20, L30, L40, L50
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