DP12074 Empirical Models of Firms and Industries

Author(s): Victor Aguirregabiria, Margaret E. Slade
Publication Date: June 2017
Keyword(s): Collusion, demand for differentiated products, dynamic structural models, empirical auction models, Empirical IO, inter-firm contracts, production functions
JEL(s): C57, L10, L20, L30, L40, L50
Programme Areas: Industrial Organization
Link to this Page: cepr.org/active/publications/discussion_papers/dp.php?dpno=12074

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.