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, interfirm contracts and auctions. We present models that are workhorses in empirical IO and describe a...

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Bibliographic Details
Published in:The Canadian journal of economics 2017-12, Vol.50 (5), p.1445-1488
Main Authors: Aguirregabiria, Victor, Slade, Margaret
Format: Article
Language:English
Subjects:
Application
Economic models
Industrial economics
Productivity
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Summary: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, interfirm 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. On passe en revue les développements importants en organisation industrielle (OI) empirique au cours des trois dernières décennies. Le texte est organisé autour de six enjeux: collusion, demande, productivité, dynamique industrielle, contrats inter-firmes, et enchères. On présente des modèles qui sont des chevaux de bataille dans l'OI empirique, et on décrit des applications. Pour chaque enjeu, on discute d'au moins une application empirique utilisant des données canadiennes.
ISSN:0008-4085
1540-5982
DOI:10.1111/caje.12304