Essays in industrial econometrics

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Publisher :
ISBN 13 :
Total Pages : 211 pages
Book Rating : 4.:/5 (313 download)

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Book Synopsis Essays in industrial econometrics by :

Download or read book Essays in industrial econometrics written by and published by . This book was released on 1971 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Essays in Industrial Econometrics

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (761 download)

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Book Synopsis Essays in Industrial Econometrics by :

Download or read book Essays in Industrial Econometrics written by and published by . This book was released on 1969 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Essays on Industrial Organization, Intellectual Property, and Econometrics

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Publisher :
ISBN 13 : 9781109845969
Total Pages : 115 pages
Book Rating : 4.8/5 (459 download)

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Book Synopsis Essays on Industrial Organization, Intellectual Property, and Econometrics by : Shuo Chen

Download or read book Essays on Industrial Organization, Intellectual Property, and Econometrics written by Shuo Chen and published by . This book was released on 2005 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second essay shows that when estimating time-series regressions of unknown functional form, multicollinearity can make regressions very sensitive to small misspecifications of nonlinear relationships. This essay shows that a simple seminonparametric estimator can help to solve this problem. Specifically, adding a flexible time trend to the regression model will give significantly less biased OLS estimators, even if the model remains misspecified. This is because the trend is now fitted directly, so the other explanatory variables need to fit only fluctuations around the trend. A consistency result is proven, and Monte Carlo experiments are used to illustrate the approach.

Essays in Industrial Econometrics

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Publisher :
ISBN 13 :
Total Pages : 188 pages
Book Rating : 4.3/5 (97 download)

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Book Synopsis Essays in Industrial Econometrics by :

Download or read book Essays in Industrial Econometrics written by and published by . This book was released on 1969 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Essays on Industrial Organization

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ISBN 13 :
Total Pages : 294 pages
Book Rating : 4.:/5 (455 download)

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Book Synopsis Essays on Industrial Organization by : Igal Enrique Hendel

Download or read book Essays on Industrial Organization written by Igal Enrique Hendel and published by . This book was released on 1994 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: I show how these effects can be distinguished from each other empirically. I use individual-level Nielsen data to analyze the effects of tune-in ads for television shows. I find that the consideration set effect of advertising is significant and large in my data, while other effects of advertising are minor, with important implications for firms' advertising strategies. In the third essay (joint with Bharat Anand), we focus on systematic heterogeneity in firms' valuations. We decompose overall variation in firms' excess values into diversification discount, systematic heterogeneity (firm random effects) and temporary shocks. We find that the magnitude of systematic heterogeneity is large in absolute terms, and large relative to the mean diversification discount. This highlights the importance of understanding the fundamental drivers of such systematic differences in performance, and suggests that the value consequences of diversification (which have attracted a lot of attention in the literature) are relatively minor compared to other systematic determinants of firm value.

Essays in Industrial Econometrics

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (478 download)

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Book Synopsis Essays in Industrial Econometrics by :

Download or read book Essays in Industrial Econometrics written by and published by . This book was released on 1969 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Essays in Industrial Organization and Econometrics

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (914 download)

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Book Synopsis Essays in Industrial Organization and Econometrics by : Fanyin Zheng

Download or read book Essays in Industrial Organization and Econometrics written by Fanyin Zheng and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation consists of three essays, two on estimating dynamic entry games and one on the inference for misspecified models with fixed regressors.

Essays in Industrial Econometrics

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Publisher :
ISBN 13 :
Total Pages : 228 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Essays in Industrial Econometrics by : Lawrence Robert Klein

Download or read book Essays in Industrial Econometrics written by Lawrence Robert Klein and published by . This book was released on 1969 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:

ESSAYS IN INDUSTRIAL ECONOMETRICS. VOL. III

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ISBN 13 :
Total Pages : 8 pages
Book Rating : 4.:/5 (119 download)

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Book Synopsis ESSAYS IN INDUSTRIAL ECONOMETRICS. VOL. III by :

Download or read book ESSAYS IN INDUSTRIAL ECONOMETRICS. VOL. III written by and published by . This book was released on 1971 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economics in Theory and Practice: An Eclectic Approach

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Publisher : Springer Science & Business Media
ISBN 13 : 9400904630
Total Pages : 274 pages
Book Rating : 4.4/5 (9 download)

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Book Synopsis Economics in Theory and Practice: An Eclectic Approach by : L.R. Klein

Download or read book Economics in Theory and Practice: An Eclectic Approach written by L.R. Klein and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lawrence Klein, University of Pennsylvania Jaime Marquez, Federal Reserve BoarrI* All examination of the economics literature over the last twenty years reveals a marked tendency towards polarisation. On the one hand, there has been a propensity to develop theoretical models which have little connection with either empirical verification or problems requiring immediate attention. On the other iland, empirical analyses are generally typified by testing for its own sake, with limited examination of the implications of the results. As a result, the number of papers confronting theory with facts towards the solution of economic problems has been on the decline for years. To fill this growing gap in the literature, we have invited a number of authors to write papers using both theoretical and empirical techniques to address current issues of interest to the profession at large: the US trade deficit and the global implications of policies that attempt to reduce it, the international ramifications of the debt crisis, the international oil market and its implications for the US oil industry, and the development of new econometric techniques. In addressing these issues, each author has approached the subject matter from an eclectic standpoint - that is, avoiding strict adherence to a given doctrine.

Essays in Econometrics

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Publisher : Cambridge University Press
ISBN 13 : 9780521774963
Total Pages : 548 pages
Book Rating : 4.7/5 (749 download)

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Book Synopsis Essays in Econometrics by : Clive W. J. Granger

Download or read book Essays in Econometrics written by Clive W. J. Granger and published by Cambridge University Press. This book was released on 2001-07-23 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: These are econometrician Clive W. J. Granger's major essays in spectral analysis, seasonality, nonlinearity, methodology, and forecasting.

Essays in Econometrics and Industrial Organization

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Essays in Econometrics and Industrial Organization by : Nikolay Doudchenko

Download or read book Essays in Econometrics and Industrial Organization written by Nikolay Doudchenko and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In my dissertation I study econometric methods of causal inference with a particular focus on the use of prediction methods developed by researchers in the fields of statistical learning, machine learning, and pattern recognition. I'm also interested in the application of these methods as well as the more traditional ones to answer relevant policy questions. Chapter 1 (joint with Guido Imbens) considers the synthetic control method developed by Abadie, Diamond, Gardeazabal, and Hainmueller in several influential papers. The method is designed for estimating the effect of a treatment, in the presence of a single treated unit and a number of control units, with pre-treatment outcomes observed for all units. The method constructs a set of weights such that selected covariates and pre-treatment outcomes of the treated unit are approximately matched by a weighted average of the control units (the synthetic control). The weights are restricted to be nonnegative and sum to one. These restrictions are important partly because they make it easier for the procedure to obtain unique weights even when the number of lagged outcomes is modest relative to the number of control units, a common setting in applications. In the chapter we propose a generalization of the synthetic control procedure that allows the weights to be negative, and their sum to differ from one, and that allows for a permanent additive difference between the treated unit and the controls, similar to the difference-in-difference procedures. The weights directly minimize the distance between the lagged outcomes for the treated and the control units, using elastic net regularization to deal with a potentially large number of possible control units. In Chapter 2 (joint with Ali Yurukoglu) we quantify how bargaining power derived from firm size affects the analysis of downstream mergers and the profitability of downstream entry in the multichannel television industry. We estimate an empirical model of the industry which features negotiations between the upstream content producers and the downstream distributors of varying size. We estimate that large distributors like Comcast are able to negotiate about 25% lower content fees than smaller downstream firms such as Cablevision. We evaluate the short-run welfare effects of several recently reviewed mergers taking into account the size effects in negotiations. We also assess the degree to which size based bargaining power creates contracts which are a barrier to entry for new distributors.

Quantitative Economics and Development

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Publisher : Academic Press
ISBN 13 : 1483271617
Total Pages : 369 pages
Book Rating : 4.4/5 (832 download)

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Book Synopsis Quantitative Economics and Development by : L. R. Klein

Download or read book Quantitative Economics and Development written by L. R. Klein and published by Academic Press. This book was released on 2014-05-12 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Theory, Econometrics, and Mathematical Economics: Quantitative Economics and Development: Essays in Memory of Ta-Chung Liu focuses on the advancements in the methodologies and processes in the field of quantitative economics. The selection first offers information on society, politics, and economic development, global stability of stochastic economic processes, and the design of mechanisms for the efficient allocation of public goods. Discussions focus on the design of individually incentive compatible mechanisms in an abstract setting, design problem under coalition formation, stability results for the economic models, invariant measures for diffusions, and disjoint principal-components method. The text then takes a look at critical observations on the labor theory of value and Sraffa's Standard Commodity and a generalization of Hotelling's solution. The manuscript examines an exploratory policy-oriented econometric model of a metropolitan area and the effect of simple specification error on the coefficients of "unaffected" variables, including distinctive features of the model and individual sectoral models. Temporal aggregation and econometric models; uniqueness of the representation of commodity-augmenting technical change; and technological change and growth performance in Taiwan agriculture are also discussed. The selection is a valuable source of data for economists and readers interested in quantitative economics.

Essays on Microeconomics and Industrial Organisation

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Publisher : Springer Science & Business Media
ISBN 13 : 366211710X
Total Pages : 194 pages
Book Rating : 4.6/5 (621 download)

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Book Synopsis Essays on Microeconomics and Industrial Organisation by : Pablo Coto-Millán

Download or read book Essays on Microeconomics and Industrial Organisation written by Pablo Coto-Millán and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays on Microeconomics and Industrial Organisation aims to serve as a source and work of reference and consultation for the field of Microeconomics in general and of Industrial Organisation in particular. The book consists of four parts: Demand, Production and Costs (Supply), Market and Industrial Structure, and Failures of Market and Industrial Regulation. It combines theoretical concepts and a variety of empirical cases.

Essays in Honor of Jerry Hausman

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Publisher : Emerald Group Publishing
ISBN 13 : 1781903077
Total Pages : 576 pages
Book Rating : 4.7/5 (819 download)

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Book Synopsis Essays in Honor of Jerry Hausman by : Badi H. Baltagi

Download or read book Essays in Honor of Jerry Hausman written by Badi H. Baltagi and published by Emerald Group Publishing. This book was released on 2012-12-17 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aims to annually publish original scholarly econometrics papers on designated topics with the intention of expanding the use of developed and emerging econometric techniques by disseminating ideas on the theory and practice of econometrics throughout the empirical economic, business and social science literature.

Essays in Financial Econometrics and Quantitative Industrial Organization

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (91 download)

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Book Synopsis Essays in Financial Econometrics and Quantitative Industrial Organization by : Soheil Rashid Nadimi

Download or read book Essays in Financial Econometrics and Quantitative Industrial Organization written by Soheil Rashid Nadimi and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation consists of one essay in financial econometrics and two essays in quantitative industrial organization. The first essay studies the relationship between stock return volatility and current and prior shocks to oil price volatility. We study the behavior of aggregate stock markets as well as individual industry sectors. Our results show that lagged stock return volatility is the main determinant of current stock return volatility in aggregate markets, with oil price volatility providing no additional information that can be used to forecast stock return volatility. For individual industry sectors, we find a robust and stable prediction relationship only for the chemicals industry. Additional estimation exercises confirm the robustness of these results. The second essay uses a Bertrand-Nash price-competition framework to models a vertically integrated provider (VIP) that is a monopoly supplier of an essential input for downstream production. An input price that is "too high" can lead to inefficient foreclosure and one that is "too low" creates incentives for nonprice discrimination. The range of non-exclusionary input prices is circumscribed by the input prices generated on the basis of upper-bound and lower-bound displacement ratios. The admissible range of the ratio of downstream to upstream "price-cost" margins for the VIP is increasing in the degree of product differentiation and reduces to a single ratio in the limit as the products become perfectly homogeneous. The third essay explores the relationship between upstream input prices and downstream market exclusion under a Stackelberg quantity-competition framework. Market exclusion is a concern when input prices are "too high" and "too low" because it can result in inefficient foreclosure and sabotage, respectively. Consistent with the results obtained in the second essay, the safe harbor range of downstream to upstream "price-cost" margin ratios is decreasing in the degree of product homogeneity and approaches a single ratio in the limit as the products become perfectly homogeneous. This single margin ratio preserves equality between the VIP's wholesale and retail "price-cost" margins. A key finding for competition policy is that the bounds of non-exclusionary input prices are markedly wider under Bertrand-Nash competition than they are under Stackelberg competition. Hence, it is critical that the antitrust and regulatory authorities understand the nature of the industry competition so that rules governing permissible conduct are properly calibrated to yield efficient outcomes.

Econometrics and Economic Theory

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Publisher : Springer
ISBN 13 : 1349019364
Total Pages : 296 pages
Book Rating : 4.3/5 (49 download)

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Book Synopsis Econometrics and Economic Theory by : Willy Sellekaerts

Download or read book Econometrics and Economic Theory written by Willy Sellekaerts and published by Springer. This book was released on 1974-06-18 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: