Industrial Organization Reading List

Continuing Education 2017

I. Overview

Ackerberg, L. Benkard, S. Berry and A. Pakes, “Econometric Tools for Analyzing Market Outcomes,” Handbook of Econometrics, Volume 6A, Chapter 63.

II. Empirical Studies of Pricing and Demand in Differentiated Products Industries

S. Anderson, A. dePalma and J. Thisse. Discrete Choice Theory of Product Differentiation, 1992, MIT Press.

S. Berry, 1994, "Estimating Discrete-Choice Models of Product Differentiation," Rand Journal of Economics, Summer 1994, 242-62.

S. Berry, and P. Haile. 2014. “Identification in Differentiated Products Markets Using Market Level Data.” Econometrica, 82, 1749-1798.

S. Berry, J. Levinsohn and A. Pakes, “Automobile Prices in Market Equilibrium,” Econometrica, July 1995, 841-90.

S. Berry, J. Levinsohn and A. Pakes, “Differentiated Products Demand Systems from a Combination of Micro and Macro Data: The New Car Market,” JPE, February 2004, 68-105.

T. Bresnahan, “Competition and Collusion in the American Automobile Market: The 1955 Price War,” JIE, June 1982, 457-482.

Gandhi, and JF Houde, 2016. “Measuring Substitution Patterns in Differentiated Products Industries,” mimeo.

P. Goldberg, “Product Differentiation and Oligopoly in International Markets: The Case of the U.S. Automobile Industry,” Econometrica, July 1995, 891-951.

J. Hausman, G. Leonard and J. Zona, “Competitive Analysis with Differentiated Products,” Annales D'Economie et de Statistique, April/June 1994, 159-80.

D. McFadden, “Econometric Analysis of Qualitative Response Models,” Handbook of Econometrics, Volume 2, 1984, Chapter 24. 

Nevo, “A Practitioner’s Guide to Estimation of Random Coefficients Logit Models of Demand,” JEMS, Winter 2000, 513-48.

Nevo, “Measuring Market Power in the Ready-to-Eat Cereal Industry,” Econometrica, March 2001, 307-42.

Nevo, “Empirical Models of Consumer Behavior,” Annual Reviews, 2011.

M. Reynaert and F.Verboven. 2014. “Improving the Performance of Random Coefficients Demand Models – the Role of Optimal Instruments.” Journal of Econometrics, 179(1), 83-98.

III. Production Function Estimation and the Study of Productivity

Olley, S. and Pakes, A.(1996) "The Dynamics of Productivity in the Telecommunications Equipment Industry" Econometrica 64:1263-1295

Blundell, R. and Bond, S. (2000) "GMM estimation with persistent panel data: an application to production functions", Econometric Reviews 19: 321-340

Levinsohn, J. and Petrin, A. (2003) "Estimating Production Functions Using Inputs to Control for Unobservables," Review of Economic Studies 70: 317-342

Ackerberg, D. A., Caves, K. and Frazer, G. (2015), Identification Properties of Recent Production Function Estimators. Econometrica, 83: 2411–2451. 

Gandhi, A. Navarro, S., and Rivers, D. (2015) "On the Identification of Production Functions: How Heterogeneous is Productivity," mimeo, U-Wisconsin-Madison.

Hsieh, Chang-Tai, and Peter J. Klenow (2009) “Misallocation and Manufacturing TFP in China and India.” Quarterly Journal of Economics 124: 1403–48.

Asker, J., Collar-Wexler, A, and De Loecker, J (2015) “Dynamic Inputs and Resource (Mis) Allocation” Journal of Political Economy, 122 (5) 1013-1063

IV. Moment Inequalities, Two Period Models, and an Introduction to Dynamics.

Pakes A. (2010), “Alternative Models for Moment Inequalities”. Econometrica, Vol. 78, No. 6 (November), pp 1783-1822.

Pakes, A. Jack Porter, Kate Ho and Joy Ishii (2015) “Moment Inequalities and Their Application,” Econometrica, 83(1): 315-334.

Romano, J., A. Shaikh, and M. Wolf, “A Practical Two-Step Method for Testing Moment Inequalities," Econometrica, 2014, 82 (5): 1979-2002.

Eizenberg, A. (2014). “Upstream innovation and product variety in the United States home pc market” Review of Economic Studies, 81(3), 1003-1045

Pakes A, forthcoming; “Empirical Tools and Competition Analysis: Past Progress and Current Problems”, International Journal of Industrial Organization This is available on the website http://scholar.harvard.edu/pakes/publications

Pakes A. (2016) ”Methodological Issues in Analyzing Market Dynamics,” in Advances in Dynamic and Evolutionary Games: Theory, Applications, and Numerical Methods , Thuijsman and F. Wagener (eds.) Springer, Switzerland, pp. 43-75. Also available on the website http://scholar.harvard.edu/pakes/publications

Benkard, L. (2004), ‘A dynamic analysis of the market for wide-bodied commercial aircraft’, Review of Economic Studies 71(3), 581–611.

Kalouptsidi, M. (2014). “Time to build and fluctuations in bulk shipping”. American Economic Review, 104(2), 564-608