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来源类型Working Paper
规范类型报告
DOI10.3386/w21500
来源IDWorking 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
URLhttps://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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