Econometric Modeling of holding and Usage of Differentiated Products: an Application of Telephones

In this paper we develop a model to deal simultaneously with the holding of equipment and the choice of a level of usage. Based on individual data, our model deals with standard problems encountered in the empirical IO literature, i.e. price endogeneity, dimensionality of product sets and correctness of price elasticities. Moreover, we compute markups for all products assuming that firms behave according to the Nash equilibrium.

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Year of publication:	2008
Authors:	FONCEL, Jérôme ; IVALDI, Marc
Published in:	Annales d'Economie et de Statistique. - École Nationale de la Statistique et de l'Admnistration Économique (ENSAE). - 2008, 89, p. 157-191
Publisher:	École Nationale de la Statistique et de l'Admnistration Économique (ENSAE)

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008619326