We introduce a framework for estimating demand across multiple assets with bidding data. Unlike existing methods, our approach does not rely on price instruments, which are often difficult to obtain. We describe the data requirements for implementation and illustrate its versatility using two...

The problem with FDI flows is that zero or negative flows are being ignored or handled differently. This paper modifies the heterogeneous firm model proposed by Helpman et al. (2008) and examines the determinants of the bilateral outward foreign direct investment (FDI) flows. Given the...

This paper estimates passenger benefits from airline flight frequencies, recognizing that this task is less straightforward for connecting trips than for nonstop travel. In doing so, the paper joins Yuan and Jia (2026) as the only other study in the literature that confronts the problem of...