JEI Vigo 2009 XXIV Jornadas de Economía Industrial

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Date and Location

September 24-25, 2009

Facultade Ciencias Económicas e Empresariais

As Lagoas Marcosende s/n

36310 VIGO (Spain)

Download the program

General guidelines

Conference outline [download pdf] (updated Sept, 2)

Sessions by topic [download pdf] (updated Sept, 2)

Detailed program [download pdf] (updated Sept, 10)

Complete program [download pdf] (updated Sept, 22)

General guidelines

1. Each session will be 90 minutes long.

2. Each paper will be allotted a maximum of 30 minutes of which 18 should be for the presentation and 8 for discussion and 4 for general discussion. We would greatly appreciate that you do not change the order of papers and keep within schedule.

3. Please make sure to be in your session room before the session starts to copy your files to the PC.

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Conference outline

Thursday, September 24

09:30 – 10:00

Registration

10:00 – 11:30

Parallel Sessions I

11:30 – 12:00

Coffee-break

12:00 – 13:30

Parallel Sessions II

13:30 – 15:00

Lunch

15:00 – 16:30

Invited Parallel Sessions

16:30 – 17:00

Coffee-break

17:00 – 18:30

Parallel Sessions IV

20:30

CONCERT and DINNER at NH Palacio de Vigo Hotel (see Hotels map)
20:30-21:00     Classical Guitar Concert: José Manuel Dapena
21:15                 Dinner

Friday, September 25

09:00 – 10:30

Parallel Sessions V

10:30 – 11:00

Coffee-break

11:00 – 12:30

Keynote Speech: Ariel Pakes (Harvard University)

12:30 – 13:00

Coffee-break

13:00 – 14:30

Parallel Sessions VI

14:30 – 16:00

Lunch

16:00 – 23:00

Visit to Baiona and dinner. For more info how to book it please click here

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Sessions by Topic

Thursday, September 24, 2009

9:30-10:00

Registration

10:00-11:30

Parallel Sessions I

I-A

Productivity

Room 1

I-B

Labor

Room 3

I-C

Vertical relations

Room 6

I-D

Markets and organizations

Room 7

I-E

Antitrust policy

Room 8

11:30-12:00

Coffee

12:00-13:30

Parallel Sessions II

II-A

Empirical IO (I)

Room 1

II-B

Financial structure

Room 3

II-C

Regulation

Room 6

II-D

Patent rights

Room 7

II-E

Information

Room 8

13:30-15:00

Lunch

15:00-16:30

Invited parallel Sessions

III-A

Productivity and trade

Salón de Graos

III-B

Health economics

Room 1

16:30-17:00

Coffee

17:00-18:30

Parallel Sessions IV

IV-A

Industry dynamics

Room 1

IV-B

R&D

Room 3

IV-C

Mergers (I)

Room 6

IV-D

Consumer theory (I)

Room 7

IV-E

Corporate governance

Room 8

20:30

Concert and conference dinner at NH Palacio de Vigo Hotel

Friday, September 25, 2009

9:00-10:30

Parallel Sessions V

V-A

Productivity and trade

Room 1

V-B

Entry regulation

Room 3

V-C

Oligopoly

Room 6

V-D

Multimarket competition

Room 7

V-E

Pricing

Room 8

10:30-11:00

Coffee

11:00-12:30

Plenary Session: Ariel Pakes (Harvard University)

12:30-13:00

Coffee

13:00-14:30

Parallel Sessions VI

VI-A

Empirical IO (II)

Room 1

VI-B

R&D and trade

Room 3

VI-C

Regulated industries

Room 6

VI-D

Consumer theory (II)

Room 7

VI-E

Mergers (II)

Room 8

14:30

Lunch

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Detailed program

Thursday, September 24, 2009

9:30-10:00

REGISTRATION

10:00-11:30

Parallel Sessions I

10:00-11:30

I-A PRODUCTIVITY

Room 1

Chair: Amil Petrin, University of Minnesota and NBER

Does Input Quality Drive Measured Differences in Firm Productivity?

Valérie Smeets, Aarhus University Jeremy; T. Fox

Discussant: María Dolores Añón Higón, Universidad de Valencia

Productivity and Firm Selection: Quantifying the new Gains from Trade

Massimo Del Gatto, G. d'Annunzio University; Gerory Corcos, Giordano Mion, Gianmarco Octaviano

Discussant: Juan Mañez Castillejo, Universidad de Valencia

The Impact of Plant-level Resource Reallocations and Technical Progress on U.S. Macroeconomic Growth

Amil Petrin, University of Minnesota; Kirk White, Jerome P. Reiter

Discussant: Carlos Daniel Santos, Universidad de Alicante

10:00-11:30

I-B LABOR

Room 3

Chair: Vicente Salas, Universidad de Zaragoza

The Effect of Product Market Competition on Job Instability

Ainhoa Aparicio Fenoll, Universitat Pompeu Fabra

Discussant: Pedro Ortín, Universitat Autónoma de Barcelona

Uncertainty, Autonomy, Pay for Performance and Efficiency Wages

Marco Antonio Barrenechea-Méndez, Universidad Autónoma de Barcelona; Pedro Ortín-Angel, Eduardo Rodes-Mayor

Discussant: Vicente Salas, Universidad de Zaragoza

Entrepreneurs and Welfare in Economies with Employers and Own Account Self-employed

Vicente Salas Fumás, University of Zaragoza; J. Javier Sanchez Asin

Discussant: María Gutierrez, Universidad Carlos III de Madrid

10:00-11:30

I-C VERTICAL RELATIONS

Room 6

Chair: Liliane Karlinger, University of Vienna

Strategic Accessibility Competition

Emanuele Bacchiega, University of Bolona; Emanuela Randon, Lorenzo Zirulia

Discussant: Silvia Martínez Gorricho, Universidad de Alicante

Vertical Relations in the Presence of Competitive Recycling

Liliane Karlinger, University of Vienna

Discussant: Tommaso Majer, Universidad Autónoma de Barcelona

10:00-11:30

I-D MARKETS AND ORGANIZATIONS

Room 7

Chair: Jos Jansen, Max Planck Institute

Delegation, Incentives and Project Risk

Suraj Prasad, University of New South Wales

Discussant: Rosa Loveira, Universidad de Vigo

Opportunism and Incomplete Contracts

Pablo Casas-Arce, Universitat Pompeu Fabra; Thomas Kittsteiner

Discussant: Suraj Prasad, University of New South Wales

Something Big (or Small) Is Gonna Happen: Strategic Information Disclosure in Contests

Jos Jansen, Max Planck Institute

Discussant: Pablo Casas Arce, Universitat Pompeu Fabra

10:00-11:30

I-E ANTITRUST POLICY

Room 8

Chair: Juan Delgado, Comisión Nacional de la Competencia

Deterrence of Horizontal Mergers: Empirical Evidence from U.S. Industries

Jo Seldeslachts, WZB; Joseph A. Clougherty

Discussant: Jordi Perdiguero, Universidad de Barcelona

Commitments In Antitrust

Arnold Vialfont, CREST-LEI / ERMES; Philippe Choné, Saïd Souam

Discussant: Carlos Gutierrez Hita, Universitas Miguel Hernández

Collusive Networks in Market-Sharing Agreements under the Presence of an Antitrust Authority

Flaviá Roldán, SP-SP Research Center

Discussant: Arnold Vialfont, CREST-LEI / ERMES

Volver

11:30-12:00

Coffee

12:00-13:30

Parallel Sessions II

12:00-13:30

II-A EMPIRICAL IO (I)

Room 1

Chair: Pierre Dubois, Toulouse School of Economics

Inventories, Unobservable Heterogeneity and Long Run Price Elasticities

Helena Perrone, Toulouse School of Economics

Discussant: Makoto Watabane, Universidad Carlos III de Madrid

Refund Premium: Evidence from the Airline Industry

Makoto Watanabe, Universidad Carlos III de Madrid; Seongman Moon

Discussant: Valérie Smeets, Aarhus University

Empirical Evidence on the Role of Non Linear Wholesale Princing and Vertical Restraints on Cost Pass-Through

Pierre Dubois, Toulouse School of Economics; Celine Bonnet, Sofía Villas-Boas

Discussant: Alicia Barroso Ludeña, Universidad Carlos III Madrid

12:00-13:30

II-B FINANCIAL STRUCTURE

Room 3

Chair: Beatriz Mariano, Universidad Carlos III de Madrid

R&D, Innovation and Liquidity Constraints

Maria Luisa Mancusi, Bocconi University; Andrea Vezzulli

Discussant: Josep Tribó, Universidad Carlos III de Madrid

Financial Structure and Firm Location

Christos Constantatos, University of Macedonia; Asimina Vlachaki, Stylianos Perrakis

Discussant: José María Chamorro, Universidad de Vigo

Evidence of risk shifting from debt covenant violations

Beatriz Mariano, Universidad Carlos III de Madrid; Josep Tribó

Discussant: Miguel Manjón, Universidad Rovira i Virgili

12:00-13:30

II-C REGULATION

Room 6

Chair: Philippe Gagnepain, Universidad Carlos III de Madrid

Competition in services’ sector and performances of manufacturing firms: does liberalization matter

Emanuele Forlani, Universitè Catholique de Louvain, CORE

Discussant: Rosella Nicolini, Universidad Autónoma de Barcelona

Measuring Economies of Integration in the US Power Industry: How Costly is Vertical Unbundling?

Pablo Arocena, Universidad Pública de Navarra; Tim Coelli, David Saal

Discussant: Aitor Ciarreta, Universidad del Pais Vasco

The cost of contract renegotiation in public transport services

Philippe Gagnepain, Universidad Carlos III de Madrid, Marc Ivaldi, David Martimort

Discussant: Mikel Perez Nievas, Universidad de Santiago de Compostela

12:00-13:30

II-D PATENT RIGHTS

Room 7

Chair: Gerard Llobet, CEMFI

Technology Adoption and Fuzzy Patent Rights

Jing-Yuan Chiou, IMT Lucca

Discussant: María Fernanda Viecens, FEDEA

Do broad patents deter research cooperation?

Michel Trommetter, UMR INRA-Université Pierre Mendès France de Grenoble; Jean-Philippe Tropeano

Discussant: Miguel González Maestre, Universidad de Murcia

An Economic Take on Patent Licensing: Understanding the Implications of the “First Sale Patent Exhaustion” Doctrine

Gerard Llobet, CEMFI; Anne Layne-Farrar, Jorge Padilla

Discussant: David Perez Castrillo, Universitat Autónoma de Barcelona

12:00-13:30

II-E INFORMATION

Room 8

Chair: Robin Kleer, University of Wuerzburg

Quality Signals, Competition and Consumer Fraud

Silvia Martínez Gorricho, Universidad de Alicante

Discussant: Juan Carlos Bárcena, Universidad del País Vasco

Too Much Information Sharing? Welfare Effects of Sharing Acquired Cost Information

Juan José Ganuza Fernández, Universitat Pompeu Fabra; Jos Jansen

Discussant: Mª Ángeles de Frutos, Universidad Carlos III de Madrid

Govermment R&S subsidies as a signal for private investors

Robin Kleer, University of Wuerzburg

Discussant: Caroline Orset, UMR INRA-AgroParis Tech Economie Publique

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13:30-15:00

Lunch

15:00-16:30

Invited parallel Sessions

15:00-16:30

III-A PRODUCTIVITY AND TRADE

Salón de Graos

Chair: Mark J. Roberts, Pennsylvania State University and NBER

Product differentiation, multi-product firms and estimating the impact of trade liberalization on productivity

Jan De Loecker, Princeton University, NBER and CEPR

Discussant: Amil Petrin, University of Minnesota and NBER

R&D investment, exporting, and productivity dynamics

Mark J. Roberts, Pennsylvania State University and NBER; Daniel Yi Xu

Discussant: José Carlos Fariñas, Universidad Complutense de Madrid

15:00-16:30

III-B HEALTH ECONOMICS

Room 1

Chair: Ching-to Albert Ma, Boston University and Universidad Carlos III de Madrid

Information spillovers and the strategic launch delay of pharmaceutical drugs

Pau Olivella, Universitat Autónoma de Barcelona; Begoña García-Mariñoso

Discussant: Ting Liu, Michigan State University

Public rationing: price response and cost effectiveness

Ching-to Albert Ma, Boston University and Universidad Carlos III de Madrid; Simona Grassi

Discussant: Pedro Pita Barros, Universidade Nova de Lisboa

Volver

16:30-17:00

Coffee

17:00-18:30

Parallel Sessions IV

17:00-18:30

IV-A INDUSTRY DYNAMICS

Room 1

Chair: Carlos Daniel Santos, University of Alicante

Local Entry Decisions in the US Banking Industry

Ramiro de Elejalde, Universidad Carlos III de Madrid

Discussant: Florin Maican, University of Gothenburg

From Boom to Burst: A Dynamic Analysis of IT Services

Florin Maican, University of Gothenburg

Discussant: Helena Perrone, Toulouse School of Economics

Solving Dynamic Games by Discretizing the State Distribution

Carlos Daniel Santos, University of Alicante

Discussant: Joana Resende, CORE, Université catholique de Louvain and CETE

17:00-18:30

IV-B R&D

Room 3

Chair: Amparo Sanchis Llopis, Universidad de Valencia

On the role of process innovations on SMEs productivity

Juan Máñez Castillejo, University of Valencia; María E. Rochina Barrachina, Amparo Sanchis Llopis, Juan A. Sanchis Llopis

Discussant: Elena Huergo, Universidad Complutense de Madrid

Public Policy and Success of Business Start-ups in Germany

Verena Eckl, RWI-Essen; Michael Rothgang, Friederike Welter

Discussant: Amparo Sanchis Llopis, Universidad de Valencia

The role of learning in innovation: in-house versus externally contracted R&D experience

Amparo Sanchis Llopis, Universidad de Valencia, Pilar Beneito, María Engracia Rochina Barrachina

Discussant: María Luisa Mancusi, Bocconi University

17:00-18:30

IV-C MERGERS (I)

Room 6

Chair: Rosa Branca Esteves, University of Minho

Strategic behaviour in an international Cournot oligopoly

Borja Mesa Sánchez, Universidad de Alicante

Discussant: Flaviá Roldán, SP-SP Research Center

Mergers of retailers with limited selling capacity

Ramón Faulí-Oller, Universitat d'Alacant

Discussant: Sara Biancini, Université de Cergy-Pontoise

Price Discrimination under Customer Recognition and Mergers

Rosa Branca Esteves, University of Minho; Helder Vasconcelos

Discussant: Joel Sandonis, University of Alicante

17:00-18:30

IV-D CONSUMER THEORY (I)

Room 7

Chair: Guillermo Caruana, CEMFI

On aftermarkets, network effects and dynamic competition for locked in consumers

Joana Resende, CORE, Université catholique de Louvain and CETE; Didier Laussel

Discussant: Pierre Dubois, Toulouse School of Economics

Microfoundations for the Linear Demand Product Differentiation Model, with Applications

Stephen Martin, Purdue University

Discussant: Guillermo Caruana, CEMFI

Search, Design, and Market Structure

Guillermo Caruana, CEMFI; Heski Bar-Isaac, Vicente Cuñat

Discussant: Pinghan Liang, Universitat Autonoma de Barcelona

17:00-18:30

IV-E CORPORATE GOVERNANCE

Room 8

Chair: Paula González, Universidad Pablo de Olavide

A Carrot and Stick Approach to Discipline Self-dealing by Controlling Shareholders

María Gutiérrez Urtiaga, Universidad Carlos III de Madrid; María Isabel Saez

Discussant: Bing Guo, Universitat Autonoma de Barcelona

Lobbying or Contribution?

Bing Guo, Universitat Autonoma de Barcelona

Discussant: Nicolás Porteiro, Universidad Pablo de Olavide

Side Effects of Clinical Trial Registries

Paula González, Universidad Pablo de Olavide; Matthias Dahm, Nicolás Porteiro

Discussant: Inés Macho, Universidad Autónoma de Barcelona

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20:30

CONCERT and DINNER at NH Palacio de Vigo Hotel (see Hotels map)
20:30-21:00     Classical Guitar Concert: José Manuel Dapena
21:15                 Dinner

Friday, September 25, 2009

9:00-10:30

Parallel Sessions V

9:00-10:30

V-A PRODUCTIVITY AND TRADE

Room 1

Chair: Jose Carlos Fariñas, Universidad Complutense de Madrid

Export Intensity and Productivity

Rosario Crino, Insititut d'Analisi Economica, CSIC; Paolo Epifani

Discussant: Frederic Warzynski, Aarhus School of Business

Markups and Firm-Level Export Status

Frederic Warzynski, Aarhus School of Business; Jan de Loecker

Discussant: Massimo Del Gatto, G. d'Annunzio University

Foreign sourcing and productivity: evidence at the firm level

Jose Carlos Fariñas, Universidad Complutense de Madrid; Ana Martín-Marcos

Discussant: Rosario Crino, Insititut d'Analisi Economica, CSIC

9:00-10:30

V-B ENTRY REGULATION

Room 3

Chair: Aitor Ciarreta Antuñano, Universidad del Pais Vasco

Entry in Pharmaceutical submarkets: a Bayesian Panel Probit Analysis

Maria Letizia Giorgetti, University of Milan; Gianni Amisano

Discussant: Joan-Ramón Borrell, Universidad de Barcelona

Clustering or differentiation of outlets: the underlying reason for distance regulation

Joan-Ramon Borrell, Universidad de Barcelona

Discussant: Fidel Castro-Rodríguez, Universidad de Vigo

Entry Regulation in the Spanish Retail Sector: Effects on Employment

Aitor Ciarreta Antuñano, Universidad del Pais Vasco; María Paz Espinosa, Maite Martínez Granado

Discussant: Ainhoa Aparicio, Universitat Pompeu Fabra

9:00-10:30

V-C OLIGOPOLY

Room 6

Chair: Carlos Gutiérrez Hita, Universitas Miguel Hernández

Endogenous managerial compensation contracts in experimental duopolies

Nikolaos Georgantzis, Universidad de Granada, Constantine Manasakis, Evangelos Mitrokostas, Emmanuel Petrakis

Discussant: Enrique Fatas, LINEEX (University of Valencia)

Grid adjustment to Nash equilibrium

Enrique Fatas, LINEEX (University of Valencia); Ernan Haruvy, Antonio J. Morales

Discussant: Nikolaos Georgantzis, Universidad de Granada

Collusive behaviour under cost asymmetries when firms compete in supply functions

Carlos Gutiérrez Hita, Universitas Miguel Hernández ; Aitor Ciarreta

Discussant: Miguel Alejandro Sánchez, Universitad de Alicante

9:00-10:30

V-D MULTIMARKET COMPETITION

Room 7

Chair: Delia Baghdasaryan, GAEL-INRA Grenoble

Multimarket Contact Challenges in Open Innovation Environments

María del Henar Alcalde Heras, Universidad Carlos III de Madrid

Discussant: Silviano Esteve, Universidad de Valencia

Credible commitment through product bundling

Jan Vandekerckhove, Katholieke Universiteit Leuven; Jeroen Hinloopen, Stephen Martin

Discussant: Jos Jansen, Max Planck Institute

Multimarket goods and product line competition in the pesticide industry

Delia Baghdasaryan, GAEL-INRA Grenoble; Stéphane Lemarié

Discussant: Jan Vandekerckhove, Katholieke Universiteit Leuven

9:00-10:30

V-E PRICING

Room 8

Chair: Juan Carlos Bárcena, Universidad del Pais Vasco

Linear prices versus contracts for a dominant firm

Lluís Bru, Universitat de les Illes Balears; Manel Antelo

Discussant: Robin Kleer, University of Wuerzburg

Endogenous timing in a mixed duopoly:Weighted welfare and price competition

Juan Carlos Bárcena-Ruiz, Universidad del Pais Vasco; Máximo Sedeado

Discussant: Lluís Bru, Universitat de les Illes Balears

Volver

10:30-11:00

Coffee

11:00-12:30

Plenary Session:
Simple Ways of Analyzing Complex Applied Problems; a Static and a Dynamic Example
Ariel Pakes (Harvard University)

12:30-13:00

Coffee

13:00-14:30

Parallel Sessions VI

13:00-14:30

VI-A EMPIRICAL IO (II)

Room 1

Chair: Pierre Dubois, Toulouse School of Economics

Asymmetric entry regulations: Evidence for the French retail industry

Sandra Jodar-Rosell, INRA, "la Caixa"

Discussant: Ramiro de Elejalde, Universidad Carlos III de Madrid

Entry Costs and Economies of Scope in Multiproduct Firms’ Decisions

Xosé Luís Varela-Irimia, Toulouse School of Economics

Discussant: Pasquale Schiraldi, London School of Economics

Price and Brand Competition between Differentiated Retailers: A Structural Econometric Model

Pierre Dubois, Toulouse School of Economics; Sandra Jódar-Rosell

Discussant: Xose Luis Varela-Irimia, Toulouse School of Economics

13:00-14:30

VI-B R&D AND TRADE

Room 3

Chair: Mª Dolores Añón Higón, Universidad de Valencia

The dynamics of trade and innovation: a joint approach

Silviano Esteve Pérez, Universidad de Valencia; Diego Rodríguez

Discussant: Verena Eckl, RWI-Essen

Optimal policy for FDI incentives: An auction theory approach

Israel Luski, Ben-Gurion University; Mosi Rosenboim

Discussant: Gustavo Bergantiños, Universidad de Vigo

Does Internationalization alter the R&D-Productivity Relationship?

Mª Dolores Añón Higón, Universidad de Valencia; Miguel C. Manjón Antolín

Discussant: Daniel Miles, Universidad de Vigo

13:00-14:30

VI-C REGULATED INDUSTRIES

Room 6

Chair: Angel Luis López, SP-SP Research Center

Market Integration and Investment Incentives in Regulated Industries

Sara Biancini, Université de Cergy-Pontoise; Emmanuelle Ariol

Discussant: Rafael Moner, Universidad de Valencia

Foreclosing competition through access charges and price discrimination

Ángel Luis López, SP-SP Research Center; Patrick Rey

Discussant: Gerard Llobet, CEMFI

13:00-14:30

VI-D CONSUMER THEORY (II)

Room 7

Chair: Ting Liu, Michigan State University

An Economic Theory of Customer Complaint Management

Pinghan Liang, Universitat Autonoma de Barcelona

Discussant: Beatriz Mariano, Universidad Carlos III de Madrid

Does the waterbed effect harm consumers?

Tommaso Majer, Universidad Autónoma de Barcelona

Discussant: Liliane Karlinger, University of Vienna

New Product Launch: herd seeking or herd preventing?

Ting Liu, Michigan State University; Pasquale Schiraldi

Discussant: José J. Sempere, Universidad de Valencia

13:00-14:30

VI-E MERGERS (II)

Room 8

Chair: Joel Sandonis, University of Alicante

Mergers, Difference-in-Difference and Concentrated Markets: Why Firms do not Increase Prices

Jordi Perdiguero García, Universidad de Barcelona; Juan Luis Jiménez

Discussant: Consuelo Pazó, Universidad de Vigo

Equilibrium Mergers in a Composite Good Industry

Cristina Pardo-García, ERI-CES, University of Valencia

Discussant: Israel Luski, Ben-Gurion University

On the profitability and welfare effects of downstream mergers

Joel Sandonis, University of Alicante; Ramón Fauli-Oller

Discussant: Christos Constantatos, University of Macedonia

Volver

14:30

LUNCH

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