scholarly journals Empirical Industrial Organization: A Progress Report

2010 ◽  
Vol 24 (2) ◽  
pp. 145-162 ◽  
Author(s):  
Liran Einav ◽  
Jonathan Levin
Keyword(s):  
Industrial Organization ◽  
Imperfect Competition ◽  
Empirical Work ◽  
Future Research ◽  
Empirical Methods ◽  
Firm Level ◽  
Regulatory Decision ◽  
Empirical Industrial Organization ◽  
Current State ◽  
Level Data

The field of industrial organization has made dramatic advances over the last few decades in developing empirical methods for analyzing imperfect competition and the organization of markets. These new methods have diffused widely: into merger reviews and antitrust litigation, regulatory decision making, price setting by retailers, the design of auctions and marketplaces, and into neighboring fields in economics, marketing, and engineering. Increasing access to firm-level data and in some cases the ability to cooperate with firms or governments in experimental research designs is offering new settings and opportunities to apply these ideas in empirical work. This essay begins with a sketch of how the field has evolved to its current state, in particular how the field's emphasis has shifted over time from attempts to relate aggregate measures across industries toward more focused studies of individual industries. The second and primary part of the essay describes several active areas of inquiry. We also discuss some of the impacts of this research and specify topics where research efforts have been more or less successful. The last section steps back to offer a broader perspective. We address some current debates about research emphasis in the field, and more broadly about empirical methods, and offer some thoughts on where future research might go.

scholarly journals Empirical Industrial Organization: A Progress Report

2012 ◽  
pp. 21-41 ◽  
Author(s):  
J. Levin ◽  
L. Einav
Keyword(s):  
Industrial Organization ◽  
Progress Report ◽  
Future Research ◽  
Empirical Methods ◽  
Empirical Industrial Organization ◽  
Current State ◽  
Over Time

The article sketches how the field of industrial organization has evolved to its current state, in particular how the emphasis has shifted over time from attempts to relate aggregate measures across industries toward more focused studies of individual industries. The authors describe several active areas of inquiry, discuss some of the impacts of this research and specify topics where research efforts have been more or less successful. They also address some current debates about research emphasis in the field, and more broadly about empirical methods, and offer some ideas on where future research might go.

Firm-Level Economic Activity Before, During, and After Local Events: A Case Study

2020 ◽  
Vol 21 (4) ◽  
pp. 327-334 ◽  
Author(s):  
Craig A. Depken ◽  
Benjamin L. Fore
Keyword(s):  
Economic Activity ◽  
National Football League ◽  
Future Research ◽  
Firm Level ◽  
Level Data ◽  
National Convention ◽  
Firm Level Data ◽  
Convention Center ◽  
Center City

This case study investigates how various sporting and cultural events impact economic activity at a single full-service restaurant in center-city Charlotte, NC. We find no evidence of significant changes in daily revenue, customers served, and revenue per customer on the day before, day of, and day after many of the events. The exceptions are National Football League (NFL) home games, swimming events, events at the Charlotte Convention Center, the 2012 Democratic National Convention, NASCAR races, PGA tournaments, and entertainment events at the Spectrum Center. The results invite future research using firm-level data to better understand the disparate impact of events on business enterprises.

scholarly journals Assessing Time-Varying Oligopoly and Oligopsony Power in the U.S. Paper Industry

2008 ◽  
Vol 40 (3) ◽  
pp. 927-939 ◽  
Author(s):  
Bin Mei ◽  
Changyou Sun
Keyword(s):  
Industrial Organization ◽  
Least Squares ◽  
Imperfect Competition ◽  
Paper Industry ◽  
Annual Data ◽  
Time Varying ◽  
Empirical Industrial Organization ◽  
Three Stage Least Squares ◽  
Oligopsony Power ◽  
The U.S

The U.S. paper industry has become increasingly concentrated and therefore been suspected of imperfect competition. In this study, the new empirical industrial organization approach is employed to measure the degree of oligopoly and oligopsony power in the U.S. paper industry simultaneously. The model is estimated by iterative three-stage least squares using annual data from 1955 to 2003. The results reveal that there has been significant oligopoly and oligopsony power in the U.S. paper industry, and the oligopoly power has been consistently lower than the oligopsony power.

scholarly journals Determinantes do investimento direto japonês no Brasil na década de 80: uma análise empírica

1969 ◽  
pp. 9-21
Author(s):  
Eduardo Kiyoshi Tonooka
Keyword(s):  
Direct Investment ◽  
Industrial Development ◽  
Manufacturing Sector ◽  
Empirical Work ◽  
Firm Level ◽  
Level Data ◽  
Main Determinants ◽  
Japanese Fdi ◽  
Industry Level Data ◽  
Prevailing View

The prevailing view about Japanese foreign direct investment (FDI) in the manufacturing sector based on the argument that it has suited to the reallocation of sunset industries in Japan to countries with lower levels of industrial development was adequate for explaining the majority of Japanese investment overseas up to late 70s. Nevertheless，the new situations that faced Japan in the 80s demanded new interpretations for the dynamics of Japanese FDI，specially for the Brazilian case. After evaluating the available theoretical contributions and empirical research for understanding Japanese FDI, an econometric model was developed in order to identify the main determinants of Japanese direct investment in Brasil in the 80s- This model embodies firm level data，as opposed to most empirical work on FDI motives which deals with industry level data.

scholarly journals TMT Diversity Outcomes Under Environmental Contexts: A Review of Literature and Research Agenda

2018 ◽  
Vol 10 (1) ◽  
pp. 43
Author(s):  
Victor M. Muithya ◽  
James M. Kilika
Keyword(s):  
Empirical Work ◽  
Future Research ◽  
Review Of Literature ◽  
Strategic Choices ◽  
Theoretical Underpinning ◽  
Upper Echelons Theory ◽  
Current State ◽  
Significant Attention ◽  
Management Scholarship

The construct of Top Management Team (TMT) has received a significant attention in the strategic management scholarship due to the espoused role that TMT members are expected to play in providing direction to their organizations. In this role, they are expected to make strategic choices that optimize the opportunities availed by the rapidly changing environments. The theoretical underpinning for TMT and the extant empirical work have demonstrated a number of issues that call for further examination of the extant literature. In this paper, the authors explore the conceptual, theoretical and empirical literatures on TMT Diversity to establish the current state that accounts for the identified issues and identify the emerging knowledge gaps that set an agenda for future research. The paper identifies the various forms of TMT Diversity, the intermediate and ultimate outcomes as well as the potential influence of these outcomes by the aspects of industry velocity in which firms operate. Several theories that complement the role of the upper echelons theory are discussed and the constructs they contribute to in explaining TMT Diversity outcomes identified. The paper proposes a theoretical model for explaining the emerging phenomenon from the deployment of TMT Diversity and makes several propositions. The paper calls on future research to consider the proposed framework for adoption in empirical work.

The Institutionalization of IT Budgeting in Firms

2011 ◽  
pp. 274-288
Author(s):  
Qing Hu ◽  
Jing Quan
Keyword(s):  
Future Research ◽  
Publicly Traded ◽  
Firm Level ◽  
Publicly Traded Companies ◽  
Business Operations ◽  
Level Data ◽  
Institutional Influence ◽  
The World ◽  
Future Research Directions ◽  
Sources Of Influence

Organizations around the world invest billions of dollars each year in information technology (IT) related products and services. What are the factors influencing each individual firm’s investment budget decisions? Limited empirical results derived from firm-level data suggest that internal affordability, such as previous IT budget levels, sales, profitability, and size, are significant sources of influence. In this study, we introduce the perspective of “external institutional influence” for examining corporate IT budgeting processes, in addition to the internal affordability perspective. Using firm-level IT and financial data of publicly traded companies in the financial sector, we show that the two most significant sources of influence on corporate IT budgets are the firm’s IT spending level of the previous year (internal) and the IT spending level of the perceived industry leaders (external). We posit that as IT becomes pervasive in all aspects of business operations and all sectors of the economy, IT budgeting processes have been, at least partially, institutionalized. The implications of this institutionalization are discussed and future research directions are suggested.

scholarly journals What Determines Productivity?

2011 ◽  
Vol 49 (2) ◽  
pp. 326-365 ◽  
Author(s):  
Chad Syverson
Keyword(s):  
Industrial Organization ◽  
Empirical Work ◽  
Direct Control ◽  
Current State ◽  
Operating Environments ◽  
Production Practices ◽  
Research Agendas

Economists have shown that large and persistent differences in productivity levels across businesses are ubiquitous. This finding has shaped research agendas in a number of fields, including (but not limited to) macroeconomics, industrial organization, labor, and trade. This paper surveys and evaluates recent empirical work addressing the question of why businesses differ in their measured productivity levels. The causes are manifold, and differ depending on the particular setting. They include elements sourced in production practices—and therefore over which producers have some direct control, at least in theory—as well as from producers' external operating environments. After evaluating the current state of knowledge, I lay out what I see are the major questions that research in the area should address going forward. (JEL D24, G31, L11, M10, O30, O47)

The platform economy matures: measuring pervasiveness and exploring power

2021 ◽  
Author(s):  
Martin Kenney ◽  
Dafna Bearson ◽  
John Zysman
Keyword(s):  
Classification System ◽  
Service Industries ◽  
Macro Level ◽  
Future Research ◽  
American Industry ◽  
Firm Level ◽  
Online Platforms ◽  
Level Data ◽  
Platform Economy

Abstract Online platforms are pervasive and powerful in today’s economy. We explore the increased centrality of platforms in two ways. First, we measure the extent to which platforms are insinuating themselves into the economy. We accomplish this by analyzing the presence of platforms as intermediating organizations across all US service industries at the six-digit North American Industry Classification System code level. Our results show that 70% of service industries, representing over 5.2 million establishments, are potentially affected by one or more platforms. Secondly, we undertake a detailed firm-level case study of the mega-platform, Amazon, which demonstrates the ways that the aforementioned macro-level data is expressed by a single platform firm. This case study shows that Amazon’s growth trajectory has resulted in it entering and transforming existing industries and sectors. We conclude by reflecting upon the limitations and implications for future research.

Trust in Management Information Systems (MIS)

2020 ◽  
Vol 64 (1) ◽  
pp. 6-16 ◽  
Author(s):  
Sarah M. Meeßen ◽  
Meinald T. Thielsch ◽  
Guido Hertel
Keyword(s):  
Information Systems ◽  
Information Overload ◽  
Management Information Systems ◽  
Empirical Work ◽  
Future Research ◽  
Management Information ◽  
Trust In Management ◽  
Actual Use ◽  
Trust In Technology ◽  
The Internet Of Things

Abstract. Digitalization, enhanced storage capacities, and the Internet of Things increase the volume of data in modern organizations. To process and make use of these data and to avoid information overload, management information systems (MIS) are introduced that collect, process, and analyze relevant data. However, a precondition for the application of MIS is that users trust them. Extending accounts of trust in automation and trust in technology, we introduce a new model of trust in MIS that addresses the conceptual ambiguities of existing conceptualizations of trust and integrates initial empirical work in this field. In doing so, we differentiate between perceived trustworthiness of an MIS, experienced trust in an MIS, intentions to use an MIS, and actual use of an MIS. Moreover, we consider users’ perceived risks and contextual factors (e. g., autonomy at work) as moderators. The introduced model offers guidelines for future research and initial suggestions to foster trust-based MIS use.

Sign in / Sign up

Export Citation Format

Share Document