Information: This scholarship is funded by Universitas Padjadjaran - Indonesia
Subject Areas: Economics
Project Supervisor: Prof. Dr. Maman Setiawan, SE., MT.
Project Title: Market Structure, Conduct and Performance: Dynamic and Extended Approaches
Project Description:
The relation between market structure, conduct and performance (SCP) has been frequently investigated in static approach. Previous research has tried to estimate the relation between the variables simultaneously to consider the dynamic changes in the market. In spite of this, the previous research was still limited to the context of simultaneous equation model. This project extends the SCP framework by estimating the variables representing the SCP using a dynamic context. Furthermore, the measures and the relation between structure, conduct and performance will also be extended using the New Empirical Industrial Organization (NEIO). The NEIO applies an econometrics approach to estimate the conduct parameter and market power.
This research will use firm-level (establishment) dataset sourced from the manufacturing survey of the Indonesian Bureau of Central Statistics (BPS) for the period from 1990 to 2018. This research will also seek a possibility to conduct a field survey in West Java. This research uses subsectors at 5-digit level of International Standard of Industrial Classification (ISIC) level. This research applies standard variables representing the SCP with a dynamic approach. Furthermore, advanced econometrics models are applied to estimate the relationship between the dynamic SCP variables as well as the NEIO model.
This research project has objectives to find a new dynamic model in estimating the relation between SCP variables as well as measuring the conduct parameter and market power using NEIO. With respect to the validity in the practical level, the models resulted in this research will be further suggested to be tested in the implementation by stakeholders such as Indonesian Competition Authority (KPPU).
In 4 years, this research will provide minimum outputs of 4 international publications in the reputable international Journals of quartiles Q1 and Q2 in the Scopus and/or Scimago Index. The reference book and publication in international proceeding will also be an outputs of this research at the end of the third year.