Measuring product diversity

Economics Letters

Volumn 55, Issue 1, 1997, Pages 145-150

  Gans, Joshua S ^a   Hill, Robert J ^b  

^a UNIVERSITY OF MELBOURNE   (Australia)

^b UNIVERSITY OF NEW SOUTH WALES   (Australia)

Author keywords

Distance measure; Elasticity; L11; L15; Product differentiation

Indexed keywords

EID: 0031285248     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0165-1765(97)00058-X     Document Type: Article

References (18)

1. Anderson S.P., de Palma A., Thisse J.F. The CES and the logit: Two related models of heterogeneity. Regional Science and Urban Economics. 18:1988;155-164.
2. Anderson S., de Palma A., Thisse J.F. Demand for differentiated products, discrete choice models and the characteristics approach. Review of Economic Studies. 56:1989;21-35.
3. Berry S., Levinsohn J., Pakes A. Automobile prices in market equilibrium. Econometrica. 63(4):1995;841-890.
4. Bresnahan, T.F., 1989. Empirical studies of industries with market power, in: Schmalensee R., Willig, R.D. (Eds.), Handbook of Industrial Organization, Vol. II, North-Holland, Amsterdam, pp. 1011-1058.
5. Bresnahan, T.F., 1996. Testing and measurement in competition models, in: Kreps D., Wallis, K. (Eds.), Proceedings of the 7th World Congress of the Econometric Society, forthcoming.
6. Caplin A., Nalebuff B. Aggregation and imperfect competition: On the existence of equilibrium. Econometrica. 59(1):1991;25-60.
7. Chamberlin, E.H., 1933. The Theory of Monopolistic Competition, Harvard University Press, Cambridge, MA.
8. Dixit A.K., Stiglitz J.E. Monopolistic competition and optimum product diversity. American Economic Review. 67:1977;297-308.
9. Goldberg P.K. Product differentiation and oligopoly in international markets: The case of the U.S. automobile industry. Econometrica. 63(4):1995;891-952.
10. Hotelling H. Stability in competition. Economic Journal. 39:1929;41-57.
11. Krugman, P.R., 1987. Rethinking International Trade, MIT Press, Cambridge, MA.
12. Lancaster, K.J., 1979. Variety, Equity and Efficiency, Columbia University Press, New York.
13. Romer P.M. Growth based on increasing returns due to specialization. American Economic Review. 77:1987;56-62.
14. Shy, O., 1995. Industrial Organization: Theory and Applications, MIT Press, Cambridge, MA.
15. Sutton, J., 1991. Sunk Costs and Market Structure, MIT Press, Cambridge, MA.
16. Sutton J. Technology and market structure. European Economic Review. 40(3-5):1996;511-530.
17. Weitzman M.L. On diversity. Quarterly Journal of Economics. 107(2):1992;363-406.
18. Weitzman M.L. Monopolistic competition with endogenous specialization. Review of Economic Studies. 61(1):1994;45-56.