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Empirical Tools and Competition Analysis: Past Progress and Current Problems

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  • Ariel Pakes

Abstract

I review a subset of the empirical tools available for competition analysis. The tools discussed are those needed for the empirical analysis of; demand, production efficiency, product repositioning, and the evolution of market structure. Where relevant I start with a brief review of tools developed in the 1990’s that have recently been incorporated into the analysis of actual policy. The focus is on providing an overview of new developments; both those that are easy to implement, and those that are not quite at that stage yet show promise.

Suggested Citation

  • Ariel Pakes, 2016. "Empirical Tools and Competition Analysis: Past Progress and Current Problems," NBER Working Papers 22086, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:22086
    Note: IO
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    Cited by:

    1. David Card & Ana Rute Cardoso & Joerg Heining & Patrick Kline, 2018. "Firms and Labor Market Inequality: Evidence and Some Theory," Journal of Labor Economics, University of Chicago Press, vol. 36(S1), pages 13-70.
    2. Kenneth Flamm, 2019. "Measuring Moore’s Law: Evidence from Price, Cost, and Quality Indexes," NBER Chapters, in: Measuring and Accounting for Innovation in the Twenty-First Century, pages 403-470, National Bureau of Economic Research, Inc.
    3. Marco Duarte & Lorenzo Magnolfi & Mikkel Sølvsten & Christopher Sullivan, 2024. "Testing firm conduct," Quantitative Economics, Econometric Society, vol. 15(3), pages 571-606, July.
      • Marco Duarte & Lorenzo Magnolfi & Mikkel S{o}lvsten & Christopher Sullivan, 2023. "Testing Firm Conduct," Papers 2301.06720, arXiv.org, revised Jan 2024.
    4. Yue Cai, 2021. "Measuring Market Power in the IPO Underwriter," Working Papers 2108, Waseda University, Faculty of Political Science and Economics.
    5. Jenkins, Mark & Liu, Paul & Matzkin, Rosa L. & McFadden, Daniel L., 2021. "The browser war — Analysis of Markov Perfect Equilibrium in markets with dynamic demand effects," Journal of Econometrics, Elsevier, vol. 222(1), pages 244-260.
    6. Matthew Backus & Christopher Conlon & Michael Sinkinson, 2021. "Common Ownership and Competition in the Ready-to-Eat Cereal Industry," NBER Working Papers 28350, National Bureau of Economic Research, Inc.
    7. Wenxin Wang & Yaowen Liang & Zhuo Ru & Haojie Guo & Bingjie Zhao, 2023. "World Forage Import Market: Competitive Structure and Market Forces," Agriculture, MDPI, vol. 13(9), pages 1-18, August.

    More about this item

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • L4 - Industrial Organization - - Antitrust Issues and Policies

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