Empirical Industrial Economics

Recommended Prerequisites

Industrial Economics, English.

Teaching Methods

Each topic covers one or two lectures, plus one class for the students presentations. In the lectures, we will focus on selected papers and discuss their research question, related theory, data, identification strategies, estimation techniques and policy implications. At the end of each topic, students will present and discuss related papers not yet covered in the lectures

Learning Outcomes

This course introduces students to the research methods in applied empirical industrial economics. Special attention will be paid to the most recent empirical literature. By the end of this course, students are expected to: first, have solid and critical understanding of the major empirical literature; second, be able to start their own empirical research on industrial economics topics; and third, be able to communicate the results and conclusions of their own research in bothwritten and oral format.

Work Placement(s)

No

Syllabus

1.  Introduction

1.1  Industrial economics in practice

1.2  Data

1.3  Econometric models: examples

2.  Production and technology

2.1  Estimation of Production Functions

2.2  The case of knowledge production function

2.3  Firms productivity

3.  Industrial dynamics

3.1   Firm dynamics: entry and exit; growth; survival

3.2   Firms financial constraints

3.3   Selection and industry productivity growth

4.  Demand

4.1   Demand Estimation

4.2   Differentiated Products

5.   Innovation

5.1   Innovation and market structure

5.2   Measuring returns to R&D; innovation and performance

5.3   R&D investment and financing constraints

5.4   Innovation Policie.

Head Lecturer(s)

Carlos Manuel Gonçalves Carreira

Assessment Methods

Assessment
Mini Tests: 20.0%
Presentation and discuss of papers : 30.0%
Research work: 50.0%

Bibliography

A lista de leituras será disponibilizada 2 semanas antes do início do curso. A maioria dos artigos da lista de leituras estão disponíveis eletronicamente a partir da b-ON (https://webvpn.uc.pt/).

 

Reading lists will be available 2 weeks before the course starts. Most of the papers on the reading list are available electronically from b-ON (https://webvpn.uc.pt/)