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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w21500 |
来源ID | Working Paper 21500 |
Identification in Differentiated Products Markets | |
Steven T. Berry; Philip Haile | |
发表日期 | 2015-08-31 |
出版年 | 2015 |
语种 | 英语 |
摘要 | 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 review some recent work studying identification in a broad class of such models. This work shows that parametric functional forms and distributional assumptions are not essential for identification. Rather, identification relies primarily on the standard requirement that instruments be available for the endogenous variables–here, typically, prices and quantities. We discuss the kinds of instruments needed for identification and how the reliance on instruments can be reduced by nonparametric functional form restrictions or better data. We also discuss results on discrimination between alternative models of oligopoly competition. |
主题 | Econometrics ; Estimation Methods ; Microeconomics ; Households and Firms ; Market Structure and Distribution ; Industrial Organization ; Market Structure and Firm Performance |
URL | https://www.nber.org/papers/w21500 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579175 |
推荐引用方式 GB/T 7714 | Steven T. Berry,Philip Haile. Identification in Differentiated Products Markets. 2015. |
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