Бакалавриат
2024/2025
Эмпирика отраслевой организации
Статус:
Курс по выбору (Совместная программа по экономике НИУ ВШЭ и РЭШ)
Направление:
38.03.01. Экономика
Кто читает:
Департамент прикладной экономики
Где читается:
Факультет экономических наук
Когда читается:
4-й курс, 3 модуль
Формат изучения:
без онлайн-курса
Охват аудитории:
для своего кампуса
Преподаватели:
Казакова Екатерина Александровна
Язык:
английский
Кредиты:
3
Course Syllabus
Abstract
This course is designed to introduce students to the basic tools for the empirical analysis of industries and markets. Broadly speaking, empirical industrial organization (EIO) combines empirical methods, data, and models to an alyzeim perfect competition and the organization of markets. Modern method soft the EIO are widely applied in demand forecasting, mergerre view, antitrus tlitigation, marketing, and other related fields. Moreover, the increasing gavailability of firm-and consumer-level data (“big data”) opens new empirical questions, that cannot without understanding the basic softhe EIO analysis. In this course, we will cover traditional empirical IO model srelated to •Demand estimation for homogeneous products; •Discrete demand estimation; •Production function estimation and firm productivity; • Identification of conduct; •Static entry/exit models. The course is associated to exercise sessions devoted to practical applications. We will replicate some of the empirical work horse models using software like R (and, if available, MATLAB).
Learning Objectives
- This course is designed to introduce students to the basic tools for the empirical analysis of industries and markets.
Expected Learning Outcomes
- Come to the same level of knowledge of the needed econometric tools.
- Learning methods to estimate the level of collusiveness on the data
- Ability to estimate discrete demand
- Ability to estimate production function and productivity
- Ability to model market entry games
- Deepen knowledge of the previously discussed topics in EIO
Course Contents
- Introduction to Empirical Industrial Organization
- Competition, collusion and cartel
- Estimation of demand for differentiated goods
- Estimation of production functions
- Estimation of static entry/exit games
- Extensions and applications or additional selected topics in EIO
Interim Assessment
- 2024/2025 3rd module0.2 * Essay + 0.3 * Exam + 0.25 * Homework 1 + 0.25 * Homework 2
Bibliography
Recommended Core Bibliography
- Belleflamme, P., & Peitz, M. (2010). Industrial Organization : Markets and Strategies. Cambridge, UK: Cambridge eText. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=324082
- Bresnahan, T. F., & Reiss, P. C. (1991). Entry and competition in concentrated markets. Journal of Political Economy, 99(5), 977. https://doi.org/10.1086/261786
- Industrial organisation : a strategic approach, Church J., Ware R., 2000
- Introductory econometrics : a modern approach, Wooldridge, J. M., 2006
- Olley, G. S., & Pakes, A. (1996). The Dynamics of Productivity in the Telecommunications Equipment Industry. Econometrica, (6), 1263. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.a.ecm.emetrp.v64y1996i6p1263.97
- Steven T. Berry. (1994). Estimating Discrete-Choice Models of Product Differentiation. RAND Journal of Economics, (2), 242. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.a.rje.randje.v25y1994isummerp242.262
- Timothy F. Bresnahan, & Peter C. Reiss. (1990). Entry in Monopoly Market. Review of Economic Studies, (4), 531. https://doi.org/10.2307/2298085
Recommended Additional Bibliography
- Belleflamme,Paul, & Peitz,Martin. (2015). Industrial Organization. Cambridge University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.cup.cbooks.9781107687899
- Berry, S., Levinsohn, J., & Pakes, A. (1995). Automobile Prices in Market Equilibrium. Econometrica, (4), 841. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.a.ecm.emetrp.v63y1995i4p841.90
- Industrial organization : markets and strategies, Belleflamme, P., 2010
- Industrial organization : markets and strategies, Belleflamme, P., 2016
- Reiss, P. C., & Wolak, F. A. (2007). Structural Econometric Modeling: Rationales and Examples from Industrial Organization. Handbook of Econometrics. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.h.eee.ecochp.6a.64