Empirical Industrial Organization

2024/2025

Academic Year

ENG

Instruction in English

3

ECTS credits

Delivered at:

Department of Applied Economics

Course type:

Elective course

When:

3 year, 3 module

Instructor

Kazakova, Ekaterina

Course Syllabus

Abstract

Thiscourseisdesignedtointroducestudentstothebasictoolsfortheempiricalanalysisofindustriesandmarkets.Broadlyspeaking,empirical industrialorganization(EIO)combinesempiricalmethods,data,andmodels toanalyzeimperfectcompetitionandtheorganizationofmarkets.ModernmethodsoftheEIOarewidelyappliedindemandforecasting,mergerreview,antitrustlitigation,marketing,andotherrelatedfields.Moreover, the increasingavailabilityoffirm-andconsumer-leveldata(“bigdata”)opensnewempiricalquestions, that cannotbeansweredwithoutunderstandingthebasicsoftheEIOanalysis. Inthiscourse,wewillcovertraditionalempirical IOmodelsrelatedto •Demandestimationforhomogeneousproducts; •Discretedemandestimation; •Productionfunctionestimationandfirmproductivity; • Identificationofconduct; •Staticentry/exitmodels. Thecourse isassociatedtoexercisesessionsdevotedtopractical applications.Wewill replicatesomeof the empiricalworkhorsemodelsusingsoftwarelikeR(and, ifavailable,MATLAB).