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Market Structure and Multiple Equilibria in Airline Markets

Tamer, Elie; Ciliberto, Federico - Econometric Society - 2004

We provide a framework for inference in discrete games that involve multiple decision makers and use it to study airline market structure in the US. We make inferences on a "class of models" rather that looking for point identifying assumptions that pin down a unique model. Making inferences in...

Persistent link: https://www.econbiz.de/10005063607

Discovering the Sources of TFP Growth: Occupation Choice, Capital Heterogeneity, and Financial Deepening

Townsend, Robert M.; Jeong, Hyeok - Econometric Society - 2004

The sources of "total factor productivity (TFP) growth" or the "Solow residual" typically remain unknown as a residual … develop a method of growth accounting that decomposes not only the overall growth but also the residual TFP growth into four …, we find that 55 percent of TFP growth can be explained on average by occupational shifts and financial deepening, without …

Persistent link: https://www.econbiz.de/10005702604

Economic Geography and Wages

Cameron, Lisa A.; Amiti, Mary - Econometric Society - 2004

This paper estimates the agglomeration benefits that arise from vertical linkages between firms in the context of Indonesia. The analysis is based on international trade and economic geography theory developed by Krugman and Venables (1995). We identify the agglomeration benefits off the spatial...

Persistent link: https://www.econbiz.de/10005063686

Determinants of Technology and Innovation Activities in Argentina: Evidence from a firm level survey

Sanguinetti, Pablo - Econometric Society - 2004

The Argentine economy has gone through important reforms during the nineties. Many of these reforms aimed at integrating the domestic economy with world trade and investment flows. There is a vast theoretical literature that links trade and investment liberalization with technological progress...

Persistent link: https://www.econbiz.de/10005170262

Inference of Structural Econometric Models: A Unified Approach

Li, Tong - Econometric Society - 2004

This paper considers the parametric inference of a wide range of structural econometric models. The class of models considered includes those with parameter-dependent support and those derived from game-theoretic models. Inference of those models has raised some important econometric issues....

Persistent link: https://www.econbiz.de/10005328964

Nonparametric Identification and Estimation of Multi-Unit, Sequential, Oral, Ascending-Price Auctions with Asymmetric Bidders

Paarsch, Harry J.; Brendstrup, Bjarne - Econometric Society - 2004

Within the independent private-values paradigm, we derive the data-generating process of the winning bid for the last unit sold at sequential English auctions when bidder valuations are draws from one of several different classes of distributions; i.e., in the presence of asymmetries. When the...

Persistent link: https://www.econbiz.de/10005328980

The Impacts of the Americans with Disabilities Act on the Entry and Exit of Retail Firms

Prieger, James E. - Econometric Society - 2004

Congress enacted The Americans with Disabilities Act of 1990 over the protests of small business advocates who claimed that the ADA would trigger a wave of bankruptcies. Although the profitability of firms may suffer from the costs of ADA compliance, no systematic evidence is available. This...

Persistent link: https://www.econbiz.de/10005328982

Does Innovation Cause Exports? Evidence from Exogenous Innovation Impulses and Obstacles Using German Micro Data

Lachenmaier, Stefan; Woessmann, Ludger - Econometric Society - 2004

dataset of an innovation survey of German manufacturing firms. In this survey, the firms do not only report about their … German manufacturing firms. The evidence is robust to several alternative specifications and similar for product and process …

Persistent link: https://www.econbiz.de/10005342172

Returnable Goods: Refunds and Information Acquisition

Persico, Nicola; Matthews, Steven A. - Econometric Society - 2004

We present two information-based rationales for why sellers of returnable goods tend to offer refunds in excess of the salvage value of the good. Both explanations require at least the potential presence of consumers who can choose to learn their values for the good prior to purchasing.

Persistent link: https://www.econbiz.de/10005342242

Product variety and competition in the retail market for eyeglasses

Watson, Randal - Econometric Society - 2004

I analyze an original dataset on the display inventories of several hundred eyewear retailers to study how firms' product-range choices depend on separation from rivals in geographically-differentiated markets. A two-stage estimation approach is used to model firms' initial location decisions...

Persistent link: https://www.econbiz.de/10005342248