Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w22957 |
来源ID | Working Paper 22957 |
Estimating market power Evidence from the US Brewing Industry | |
Jan De Loecker; Paul T. Scott | |
发表日期 | 2016-12-19 |
出版年 | 2016 |
语种 | 英语 |
摘要 | While inferring markups from demand data is common practice, estimation relies on difficult-to-test assumptions, including a specific model of how firms compete. Alternatively, markups can be inferred from production data, again relying on a set of difficult-to-test assumptions, but a wholly different set, including the assumption that firms minimize costs using a variable input. Relying on data from the US brewing industry, we directly compare markup estimates from the two approaches. After implementing each approach for a broad set of assumptions and specifications, we find that both approaches provide similar and plausible markup estimates in most cases. The results illustrate how using the two strategies together can allow researchers to evaluate structural models and identify problematic assumptions. |
主题 | Microeconomics ; Households and Firms ; Industrial Organization ; Market Structure and Firm Performance ; Firm Behavior ; Antitrust |
URL | https://www.nber.org/papers/w22957 |
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/580630 |
推荐引用方式 GB/T 7714 | Jan De Loecker,Paul T. Scott. Estimating market power Evidence from the US Brewing Industry. 2016. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w22957.pdf(586KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
个性服务 |
推荐该条目 |
保存到收藏夹 |
导出为Endnote文件 |
谷歌学术 |
谷歌学术中相似的文章 |
[Jan De Loecker]的文章 |
[Paul T. Scott]的文章 |
百度学术 |
百度学术中相似的文章 |
[Jan De Loecker]的文章 |
[Paul T. Scott]的文章 |
必应学术 |
必应学术中相似的文章 |
[Jan De Loecker]的文章 |
[Paul T. Scott]的文章 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。