Empirical Tools and Competition Analysis: Past Progress and Current Problems
I review a subset of the empirical tools available for competition analysis. The tools discussed are those needed for the empirical analysis of; demand, production efficiency, product repositioning, and the evolution of market structure. Where relevant I start with a brief review of tools developed in the 1990’s that have recently been incorporated into the analysis of actual policy. The focus is on providing an overview of new developments; both those that are easy to implement, and those that are not quite at that stage yet show promise.
This is a revised version of my Laffont lecture, given at the 2015 CRESSE conference, Crete. I thank the editor and a referee for extensive helpful comments. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.
Ariel Pakes, 2016. "Empirical Tools and Competition Analysis: Past Progress and Current Problems," International Journal of Industrial Organization, . citation courtesy of