Showing 1 - 5 of 5
This paper uses new data to reexamine trends in concentration in U.S. markets from 1994 to 2019. The paper's main contribution is to construct concentration measures that reflect narrowly defined consumption-based product markets, as would be defined in an antitrust setting, while accounting for...
Persistent link: https://www.econbiz.de/10013342580
Persistent link: https://www.econbiz.de/10010277542
We present new results on the identifiability of a class of nonseparable nonparametric simultaneous equations models introduced by Matzkin (2008). These models combine exclusion restrictions with a requirement that each structural error enter through a "residual index". Our identification...
Persistent link: https://www.econbiz.de/10011445760
Empirical models of demand for - and, often, supply of - differentiated products are widely used in practice, typically employing parametric functional forms and distributions of consumer heterogeneity. We re view some recent work studying identification in a broad class of such models. This...
Persistent link: https://www.econbiz.de/10011445769
We present a new class of methods for identification and inference in dynamic models with serially correlated unobservables, which typically imply that state variables are econometrically endogenous. In the context of Industrial Organization, these state variables often reflect econometrically...
Persistent link: https://www.econbiz.de/10012621131