Working Paper: NBER ID: w22086
Authors: 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.
Keywords: No keywords provided
JEL Codes: L1; L4
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| institutional backgrounds (O17) | market outcomes (P42) |
| unobserved factors (C29) | plant productivity (O13) |
| observed and unobserved heterogeneity (C21) | demand analysis (D12) |
| horizontal mergers (L22) | price increases (E30) |
| environmental changes (O44) | firms' responses (L20) |
| heterogeneity (D29) | market demand and pricing behavior (D40) |