Three Essays In Industrial Organization And Public Policy
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Empirical Studies in Industrial Organization
Author | : David B. Audretsch |
Publisher | : Springer Science & Business Media |
Total Pages | : 283 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 9401127956 |
Empirical Studies in Industrial Organization brings together leading scholars who present state-of-the-art research in the spirit of the structure-conduct-performance paradigm embodied in the work of Leonard W. Weiss. The individual chapters are generally empirically or public policy oriented. A number of them introduce new sources of data that, combined with the application of appropriate econometric techniques, enable new breakthroughs and insights on issues hotly debated in the industrial organization literature. For example, five of the chapters are devoted towards uncovering the link between market concentration and pricing behavior. While theoretical models have produced ambiguous predictions concerning the relationship between concentration and price these chapters, which span a number of different markets and situations, provide unequivocal evidence that a high level of market concentration tends to result in a higher level of prices. Three of the chapters explore the impact of market structure on production efficiency, and three other chapters focus on the role of industrial organization on public policy. Contributors include David B. Audretsch, Richard E. Caves, Mark J. Roberts, F.M. Scherer, John J. Siegfried and Hideki Yamawaki.
Industrial Organization and Public Policy
Author | : Douglas F. Greer |
Publisher | : MacMillan Publishing Company |
Total Pages | : 760 |
Release | : 1992 |
Genre | : Business & Economics |
ISBN | : |
Essays on Industrial Organization
Author | : Thomas G. Wollmann |
Publisher | : |
Total Pages | : |
Release | : 2015 |
Genre | : |
ISBN | : |
This dissertation comprises three essays on industrial organization. The first essay studies how product-level entry and exit decisions impact business and public policy analysis. It provides an empirical model that incorporates these decisions and then estimates it in the context of the commercial vehicle segment of the US automotive industry. Finally, it demonstrates the importance of accounting for product-level changes using the $85 billion decision to rescue two US automakers in 2009. The second essay studies how two period strategies perform relative to Markov perfect strategies in discrete dynamic games. In particular, it considers a simple entry/exit game and shows that agents sacrifice very little in terms of expected discounted payoffs when they employ these simpler strategies. It also shows this result is robust to varying the underlying market characteristics. The third essay estimates the causal impact of research expenditures on scientific output. Unexpected college football outcomes provide exogenous variation to university funds, and in turn, research expenditures in the subsequent year. Using this variation, it estimates the dollar elasticity of scholarly articles, new patent applications, and the citations that accrue to each.
Three Essays in Industrial Organization
Author | : Sang-Hoo Bae |
Publisher | : |
Total Pages | : 230 |
Release | : 2003 |
Genre | : Industrial organization (Economic theory) |
ISBN | : |
Industrial Organization
Author | : Kenneth W. Clarkson |
Publisher | : McGraw-Hill Companies |
Total Pages | : 536 |
Release | : 1982 |
Genre | : Business & Economics |
ISBN | : |