Discussion paper

DP12074 Empirical Models of Firms and Industries

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.


Aguirregabiria, V and M Slade (2017), ‘DP12074 Empirical Models of Firms and Industries‘, CEPR Discussion Paper No. 12074. CEPR Press, Paris & London. https://cepr.org/publications/dp12074