32422 - Advanced Industrial Economics

Academic Year 2017/2018

  • Docente: Marco Grazzi
  • Credits: 6
  • SSD: SECS-P/01
  • Language: Italian

Learning outcomes

The aim of the course is to study the behaviour of firms and how that affects the observed patterns at the level of the industry.

Course contents

Introduction and historical perspective
Structure Conduct Performance
Industrial Dynamics and vertical integration
Collusion and repeated games
Horizontal mergers
Vertical restraints
Innovation and industrial dynamics

Readings/Bibliography

Textbook: Industrial Organization: Contemporary Theory and Empirical Applications, 5th Edition, Lynne Pepall, Dan Richards, George Norman

Bartelsman, E. and M. Doms (2000), ‘Understanding productivity: lessons from longitudinal data,’ Journal of Economic Literature, 38, 569–594.
Cohen, Wesley M & Klepper, Steven, 1996. "A Reprise of Size and R&D," Economic Journal, vol. 106(437), pages 925-51, July.
Disney, R., Haskel, J. and Heden, Y. (2003). Entry, exit and establishment survival in UK manufacturing, Journal of Industrial Economics 51(1): 91–112.
Dunne, T., Roberts, M. J., & Samuelson, L. (1988). Patterns of firm entry and exit in U.S. manufacturing industries. Rand Journal of Economics, 19, 495–515.
Foster, Lucia & Cheryl Grim & John Haltiwanger, 2016. "Reallocation in the Great Recession: Cleansing or Not?," Journal of Labor Economics, vol. 34(S1), pages S293 – S331.
Lucia Foster & John C. Haltiwanger & C. J. Krizan, 2001. "Aggregate Productivity Growth. Lessons from Microeconomic Evidence," NBER Chapters, in: New Developments in Productivity Analysis, pages 303-372. (esclusa l'appendice)
Haltiwanger, J. C., Lane, J. I., & Spletzer, J. R. (1999). Productivity differences across employers: The roles of employer size, age, and human capital. American Economic Review, 89(2), 94–98.
Haltiwanger, J. C., Ron S. Jarmin & Javier Miranda, 2013. "Who Creates Jobs? Small versus Large versus Young," The Review of Economics and Statistics, vol. 95(2), pages 347-361, May.
Klepper, Steven, 1997. "Industry Life Cycles," Industrial and Corporate Change, vol. 6(1), pages 145-81.
Klepper, Steven, 1996. "Entry, Exit, Growth, and Innovation over the Product Life Cycle," American Economic Review, vol. 86(3), pages 562-83, June.
Stigler, G., J., 1951, “The Division of Labor is Limited by the Extent of the Market”, Journal of Political Economy, Vol. 59, No. 3 (Jun., 1951), pp. 185-193.
Syverson, C. (2011). What determines productivity?, Journal of Economic Literature, 49(2): 326–65.

Further readings will be communicated during the course

Teaching methods

Lectures

Assessment methods

Written examination

 

Teaching tools

Slides and other materials will be available on campus.unibo.it

Office hours

See the website of Marco Grazzi