中文摘要
我们回顾了自Berry、Levinsohn和Pakes(1995)的开创性研究(简称BLP)以来蓬勃发展的汽车行业文献。他们的研究提出了一个结构均衡框架,为在若干备受关注的关键领域开展政策反事实分析奠定了基础,这些领域包括竞争政策与反垄断、贸易政策以及税收与环境政策。“BLP框架”的需求侧具有微观基础,并允许丰富的消费者异质性产生产品之间灵活的替代模式。供给侧设定边际成本,并将不完全竞争纳入考量。我们的分析聚焦于两个主要问题。第一,该框架如何根据具体情境进行调整,又是否得到了具有说服力的评估,从而使其经验研究发现和政策结论获得信任?第二,运用BLP均衡框架研究汽车行业的相关政策问题,已经取得了哪些认识?(JEL H25, K21, L13, L22, L40, L62, Q58)
Abstract
We review the flourishing literature on the automobile industry since the seminal work of Berry, Levinsohn, and Pakes (1995), or briefly BLP. Their work provides a structural equilibrium framework that forms a basis for conducting policy counterfactuals in several key areas of interest: competition policy and antitrust, trade policy, and taxation and environmental policy. The demand side of the “BLP framework” is micro-founded and allows for rich consumer heterogeneity to generate flexible substitution patterns between products. The supply side specifies marginal costs and accounts for imperfect competition. Our analysis focuses on two main questions. First, how has the framework been tailored to specific situations and how convincingly has it been evaluated to generate trust in the empirical findings and policy conclusions? Second, what has been learned about policy issues relevant in the automotive industry using the BLP equilibrium framework? (JEL H25, K21, L13, L22, L40, L62, Q58)