Estimating Markups and Market Conduct with Multidimensional Product Attributes

S-Tier

Journal: Review of Economic Studies

Year: 1995

Volume: 62

Issue: 1

Pages: 19-52

Authors (2)

Robert C. Feenstra (University of California-Davis) James A. Levinsohn (not in RePEc)

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

View Full Article View on IDEAS/RePEc

Abstract

We demonstrate how to estimate a model of oligopoly pricing when products are multi-dimensionally differentiated. We provide an empirical counterpart to recent theoretical work on product differentiation. Using specifications informed by economic theory, we estimate price-cost margins for products differentiated in many dimensions.

Estimating Markups and Market Conduct with Multidimensional Product Attributes

Authors (2)

Abstract

Technical Details