Distance, Demand, and Oligopoly Pricing
Robert Feenstra and
James Levinsohn
No 3076, NBER Working Papers from National Bureau of Economic Research, Inc
Abstract:
We demonstrate how to estimate a model of product demand and 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 simultaneously estimate a demand system and price-cost margins for products differentiated in many dimensions.
Date: 1989-08
Note: ITI IFM
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Citations: View citations in EconPapers (5)
Published as "Estimating Markups and Market Conduct with Multidimensional Product Attributes," Review of Economic Studies, vol. 62, pp 19-52, 1995.
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Related works:
Working Paper: DISTANCE, DEMAND AND OLIGOPOLY PRICING (1989)
Working Paper: DISTANCE, DEMAND, AND OLIGOPOLY PRICING (1989)
Working Paper: DISTANCE, DEMAND, AND OLIGOPOLY PRICING (1989)
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