Thursday, September 21, 2017
Empirical Models of Firms and Industries
Aguirregabiria, Victor and Slade, Margaret summarize Empirical Models of Firms and Industries.
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.