Margaret Slade

Professor Emeritus
phone 604 822 2518
location_on Room 141A Iona Building
file_download Download CV

Research Area

About

I am a professor emeritus in the Vancouver School of Economics at The University of British Columbia.  I taught at UBC for 20 years before going to the UK to become the Leverhulme Professor of Industrial Economics at the University of Warwick. After six years in the UK, I retired and returned to Canada and the VSE.

My research is concerned with applied problems in Industrial Organization, especially those requiring the analysis of data.  I am interested in both horizontal (same product market) and vertical (buying and selling) relationships and policies.   I have advised government agencies in numerous countries as well as private parties.

Prior to becoming an economist, I worked as a mathematician for Shell Development, the US Geological Survey, and the Department of Scientific and Industrial Research of New Zealand.

I obtained my Ph.D. from The George Washington University in Washington, DC, USA.


Research

RECENT RESEARCH

Presumptions in Vertical Mergers: The Role of Evidence. (with Francine Lafontaine), Review of Industrial Organization, forthcoming.

Many Losers and A Few Winners: The Impact of COVID–19 on Canadian Industries and Regions. Canadian Journal of Economics, forthcoming.

Second Thoughts on Double Marginalization. (with John Kwoka, Northeastern University), Antitrust, Vol. 34, No 2, Spring 2020, pp. 51-56.

Vertical Mergers: A Survey of Ex Post Evidence and Ex Ante Evaluation Methods. Review of Industrial Organization, forthcoming.

Vertical Restraints Imposed by Buyers: The Sécretan Copper Cartel: 1887-1889. Antitrust Law Journal, 2020. Vol. 83, No. 1, pp. 75-97.

Investment and Uncertainty With Time to Build. (with Vadim Marmer), Journal of Economic Dynamics and Control, Vol. 95, October 2018, pp. 233 – 254.

Brewed in North America:  Mergers, Efficiency, and Market Power. (with Paul Grieco and Joris Pinkse)
International Journal of Industrial Organization, Vol. 59, July 2018, pp. 24-65.

Empirical Models of Firms and Industries. (with Victor Aguirregabiria),Canadian Journal of Economics, Vol. 50, No. 5, 2017, pp. 1445-1488.

Spillovers in Space: Does Geography Matter? (with Sergey Lychagin, Joris Pinkse, and John Van Reenen)
2016, Journal of Industrial Economics, Vol. 64, No. 2.

The Rise and Fall of an Industry: Entry in U.S. Copper Mining, 1835-1986. Resource and Energy Economics, Vol. 42, 2015, pp. 141-169.

Franchising and Exclusive Distribution: Adaptation and Antitrust. (with Francine Lafontaine)
Oxford Handbook of International Antitrust, Chapter 16, R. Blair and D. Sokol (eds.), Oxford University Press, 2015, pp. 387-412.

Incentive and Strategic Contracting: Implications for the Franchise Decision. (with Francine Lafontaine), Game Theory and Business Applications, Second Edition, K. Chatterjee and W. Samuelson (eds.), Kluwer Academic Press, 2014, 62 pages.

Interfirm Contracts: Evidence. (with Francine Lafontaine), Handbook of Organizational Economics, R. Gibbons and J. Roberts (eds.), Princeton University Press, 2012, pp. 958-1013.

Competition Policy Towards Brewing: Rational Response to Market Power or Unwarranted Interference in Well Functioning Markets? in Beeronomics: The Economics of Brewing,” Johan Swinnen (ed.), 2011, pp. 173-195.

Transaction Cost Economics and Vertical Market Restrictions: Evidence. (with Francine Lafontaine), Antitrust Bulletin, Fall 2010, Vol. 55 pp. 587-611.

The Future of Spatial Econometrics. (with Joris Pinkse), Journal of Regional Science, Vol 50, No. 1, 2010, pp. 103-117.

Whither Hotelling: Tests of Theory of Exhaustible Resources. (with Henry Thille), Annual Review of Resource Economics, Vol. 1, 2009, pp. 239-260.

Merger Simulations of Unilateral Effects: What can we learn from the UK brewing Industry? B. Lyons (ed.)Cases in European Competition Policy: The Economic Analysis, Cambridge University Press, 2009, pp. 312-346.

Exclusive Contracts and Vertical Restraints: Empirical Evidence and Public Policy. (with Francine Lafontaine)
Handbook of Antitrust Economics, Paolo Buccirossi (ed.) Cambridge: MIT Press, 2008, pp. 391-414.

Vertical Integration and Firm Boundaries: The Evidence. (with Francine Lafontaine), Journal of Economic Literature, Vol. 45, no. 3, September 2007, pp. 631-687.

A Central Limit Theorem for Endogenous Locations and Complex Spatial Interactions. (with Joris Pinkse and Lihong Shen), Journal of Econometrics, Vol. 140, No. 1, September 2007, pp. 215-225.

Semi-Structural Models of Advertising Competition. (with Joris Pinkse), Journal of Applied Econometrics, Vol. 22, No. 7, December 2007, pp. 1227-12246.

Dynamic Spatial Probit with Fixed Effects Using One Step GMM: An Application to Mine Operating Decisions. (with Joris Pinkse and Lihong Shen), Spatial Economic Analysis, Vol. 1, No. 1, June 2006, pp. 53-90.

Commodity Spot Prices: An Exploratory Assessment. (with Henry Thille), Economica, Vol. 73, No. 2, May 2006, pp. 229-256.

The Role of Economic Space in Decision Making. Annales d’Economie et de Statistique, Vot 77, no. 1, January/March 2005, pp. 1-21, ADRES Lecture, Paris, January 2004.

Models of Firm Profitability. International Journal of Industrial Organisation Vol. 22, No. 3, March 2004, pp. 289-308, Presidential address to the European Association for Research in Industrial Economics (EARIE), Helsinki, 2003. 

Mergers, Brand Competition, and the Price of a Pint. (with Joris Pinkse), European Economic Review Vol. 48, No. 3, 2004, pp. 617-643.

Market Power and Joint Dominance in UK Brewing. Journal of Industrial Economics, Vol. 52, No. 1, March 2004, pp. 133-163.

Spatial Price Competition: a Semiparametric Approach. (with Joris Pinkse and Craig Brett), Econometrica, 2002, 70, pp. 1111-1153.

Incentive Contracting and the Franchising Decision. (with Francine Lafontaine), Game Theory and Business Applications, K. Chatterjee and W. Samulelson (eds.), Kluwer Academic Press, 2001, pp. 133-188.

Valuing Managerial Flexibility: An Application of Real-Option Theory to Mining Investment. Journal of Environmental Economics and Management, 2001, 41, pp. 193-233.

SECOND THOUGHTS ON DOUBLE MARGINALIZATION. (with John Kwoka)


Margaret Slade

Professor Emeritus
phone 604 822 2518
location_on Room 141A Iona Building
file_download Download CV

I am a professor emeritus in the Vancouver School of Economics at The University of British Columbia.  I taught at UBC for 20 years before going to the UK to become the Leverhulme Professor of Industrial Economics at the University of Warwick. After six years in the UK, I retired and returned to Canada and the VSE.

My research is concerned with applied problems in Industrial Organization, especially those requiring the analysis of data.  I am interested in both horizontal (same product market) and vertical (buying and selling) relationships and policies.   I have advised government agencies in numerous countries as well as private parties.

Prior to becoming an economist, I worked as a mathematician for Shell Development, the US Geological Survey, and the Department of Scientific and Industrial Research of New Zealand.

I obtained my Ph.D. from The George Washington University in Washington, DC, USA.

RECENT RESEARCH

Presumptions in Vertical Mergers: The Role of Evidence. (with Francine Lafontaine), Review of Industrial Organization, forthcoming.

Many Losers and A Few Winners: The Impact of COVID–19 on Canadian Industries and Regions. Canadian Journal of Economics, forthcoming.

Second Thoughts on Double Marginalization. (with John Kwoka, Northeastern University), Antitrust, Vol. 34, No 2, Spring 2020, pp. 51-56."

Vertical Mergers: A Survey of Ex Post Evidence and Ex Ante Evaluation Methods. Review of Industrial Organization, forthcoming.

Vertical Restraints Imposed by Buyers: The Sécretan Copper Cartel: 1887-1889. Antitrust Law Journal, 2020. Vol. 83, No. 1, pp. 75-97.

Investment and Uncertainty With Time to Build. (with Vadim Marmer), Journal of Economic Dynamics and Control, Vol. 95, October 2018, pp. 233 - 254.

Brewed in North America:  Mergers, Efficiency, and Market Power. (with Paul Grieco and Joris Pinkse)
International Journal of Industrial Organization, Vol. 59, July 2018, pp. 24-65.

Empirical Models of Firms and Industries. (with Victor Aguirregabiria),Canadian Journal of Economics, Vol. 50, No. 5, 2017, pp. 1445-1488.

Spillovers in Space: Does Geography Matter? (with Sergey Lychagin, Joris Pinkse, and John Van Reenen)
2016, Journal of Industrial Economics, Vol. 64, No. 2.

The Rise and Fall of an Industry: Entry in U.S. Copper Mining, 1835-1986. Resource and Energy Economics, Vol. 42, 2015, pp. 141-169.

Franchising and Exclusive Distribution: Adaptation and Antitrust. (with Francine Lafontaine)
Oxford Handbook of International Antitrust, Chapter 16, R. Blair and D. Sokol (eds.), Oxford University Press, 2015, pp. 387-412.

Incentive and Strategic Contracting: Implications for the Franchise Decision. (with Francine Lafontaine), Game Theory and Business Applications, Second Edition, K. Chatterjee and W. Samuelson (eds.), Kluwer Academic Press, 2014, 62 pages.

Interfirm Contracts: Evidence. (with Francine Lafontaine), Handbook of Organizational Economics, R. Gibbons and J. Roberts (eds.), Princeton University Press, 2012, pp. 958-1013.

Competition Policy Towards Brewing: Rational Response to Market Power or Unwarranted Interference in Well Functioning Markets? in Beeronomics: The Economics of Brewing,” Johan Swinnen (ed.), 2011, pp. 173-195.

Transaction Cost Economics and Vertical Market Restrictions: Evidence. (with Francine Lafontaine), Antitrust Bulletin, Fall 2010, Vol. 55 pp. 587-611.

The Future of Spatial Econometrics. (with Joris Pinkse), Journal of Regional Science, Vol 50, No. 1, 2010, pp. 103-117.

Whither Hotelling: Tests of Theory of Exhaustible Resources. (with Henry Thille), Annual Review of Resource Economics, Vol. 1, 2009, pp. 239-260.

Merger Simulations of Unilateral Effects: What can we learn from the UK brewing Industry? B. Lyons (ed.)Cases in European Competition Policy: The Economic Analysis, Cambridge University Press, 2009, pp. 312-346.

Exclusive Contracts and Vertical Restraints: Empirical Evidence and Public Policy. (with Francine Lafontaine)
Handbook of Antitrust Economics, Paolo Buccirossi (ed.) Cambridge: MIT Press, 2008, pp. 391-414.

Vertical Integration and Firm Boundaries: The Evidence. (with Francine Lafontaine), Journal of Economic Literature, Vol. 45, no. 3, September 2007, pp. 631-687.

A Central Limit Theorem for Endogenous Locations and Complex Spatial Interactions. (with Joris Pinkse and Lihong Shen), Journal of Econometrics, Vol. 140, No. 1, September 2007, pp. 215-225.

Semi-Structural Models of Advertising Competition. (with Joris Pinkse), Journal of Applied Econometrics, Vol. 22, No. 7, December 2007, pp. 1227-12246.

Dynamic Spatial Probit with Fixed Effects Using One Step GMM: An Application to Mine Operating Decisions. (with Joris Pinkse and Lihong Shen), Spatial Economic Analysis, Vol. 1, No. 1, June 2006, pp. 53-90.

Commodity Spot Prices: An Exploratory Assessment. (with Henry Thille), Economica, Vol. 73, No. 2, May 2006, pp. 229-256.

The Role of Economic Space in Decision Making. Annales d'Economie et de Statistique, Vot 77, no. 1, January/March 2005, pp. 1-21, ADRES Lecture, Paris, January 2004.

Models of Firm Profitability. International Journal of Industrial Organisation Vol. 22, No. 3, March 2004, pp. 289-308, Presidential address to the European Association for Research in Industrial Economics (EARIE), Helsinki, 2003. 

Mergers, Brand Competition, and the Price of a Pint. (with Joris Pinkse), European Economic Review Vol. 48, No. 3, 2004, pp. 617-643.

Market Power and Joint Dominance in UK Brewing. Journal of Industrial Economics, Vol. 52, No. 1, March 2004, pp. 133-163.

Spatial Price Competition: a Semiparametric Approach. (with Joris Pinkse and Craig Brett), Econometrica, 2002, 70, pp. 1111-1153.

Incentive Contracting and the Franchising Decision. (with Francine Lafontaine), Game Theory and Business Applications, K. Chatterjee and W. Samulelson (eds.), Kluwer Academic Press, 2001, pp. 133-188.

Valuing Managerial Flexibility: An Application of Real-Option Theory to Mining Investment. Journal of Environmental Economics and Management, 2001, 41, pp. 193-233.

SECOND THOUGHTS ON DOUBLE MARGINALIZATION. (with John Kwoka)

Margaret Slade

Professor Emeritus
phone 604 822 2518
location_on Room 141A Iona Building
file_download Download CV

I am a professor emeritus in the Vancouver School of Economics at The University of British Columbia.  I taught at UBC for 20 years before going to the UK to become the Leverhulme Professor of Industrial Economics at the University of Warwick. After six years in the UK, I retired and returned to Canada and the VSE.

My research is concerned with applied problems in Industrial Organization, especially those requiring the analysis of data.  I am interested in both horizontal (same product market) and vertical (buying and selling) relationships and policies.   I have advised government agencies in numerous countries as well as private parties.

Prior to becoming an economist, I worked as a mathematician for Shell Development, the US Geological Survey, and the Department of Scientific and Industrial Research of New Zealand.

I obtained my Ph.D. from The George Washington University in Washington, DC, USA.

RECENT RESEARCH

Presumptions in Vertical Mergers: The Role of Evidence. (with Francine Lafontaine), Review of Industrial Organization, forthcoming.

Many Losers and A Few Winners: The Impact of COVID–19 on Canadian Industries and Regions. Canadian Journal of Economics, forthcoming.

Second Thoughts on Double Marginalization. (with John Kwoka, Northeastern University), Antitrust, Vol. 34, No 2, Spring 2020, pp. 51-56."

Vertical Mergers: A Survey of Ex Post Evidence and Ex Ante Evaluation Methods. Review of Industrial Organization, forthcoming.

Vertical Restraints Imposed by Buyers: The Sécretan Copper Cartel: 1887-1889. Antitrust Law Journal, 2020. Vol. 83, No. 1, pp. 75-97.

Investment and Uncertainty With Time to Build. (with Vadim Marmer), Journal of Economic Dynamics and Control, Vol. 95, October 2018, pp. 233 - 254.

Brewed in North America:  Mergers, Efficiency, and Market Power. (with Paul Grieco and Joris Pinkse)
International Journal of Industrial Organization, Vol. 59, July 2018, pp. 24-65.

Empirical Models of Firms and Industries. (with Victor Aguirregabiria),Canadian Journal of Economics, Vol. 50, No. 5, 2017, pp. 1445-1488.

Spillovers in Space: Does Geography Matter? (with Sergey Lychagin, Joris Pinkse, and John Van Reenen)
2016, Journal of Industrial Economics, Vol. 64, No. 2.

The Rise and Fall of an Industry: Entry in U.S. Copper Mining, 1835-1986. Resource and Energy Economics, Vol. 42, 2015, pp. 141-169.

Franchising and Exclusive Distribution: Adaptation and Antitrust. (with Francine Lafontaine)
Oxford Handbook of International Antitrust, Chapter 16, R. Blair and D. Sokol (eds.), Oxford University Press, 2015, pp. 387-412.

Incentive and Strategic Contracting: Implications for the Franchise Decision. (with Francine Lafontaine), Game Theory and Business Applications, Second Edition, K. Chatterjee and W. Samuelson (eds.), Kluwer Academic Press, 2014, 62 pages.

Interfirm Contracts: Evidence. (with Francine Lafontaine), Handbook of Organizational Economics, R. Gibbons and J. Roberts (eds.), Princeton University Press, 2012, pp. 958-1013.

Competition Policy Towards Brewing: Rational Response to Market Power or Unwarranted Interference in Well Functioning Markets? in Beeronomics: The Economics of Brewing,” Johan Swinnen (ed.), 2011, pp. 173-195.

Transaction Cost Economics and Vertical Market Restrictions: Evidence. (with Francine Lafontaine), Antitrust Bulletin, Fall 2010, Vol. 55 pp. 587-611.

The Future of Spatial Econometrics. (with Joris Pinkse), Journal of Regional Science, Vol 50, No. 1, 2010, pp. 103-117.

Whither Hotelling: Tests of Theory of Exhaustible Resources. (with Henry Thille), Annual Review of Resource Economics, Vol. 1, 2009, pp. 239-260.

Merger Simulations of Unilateral Effects: What can we learn from the UK brewing Industry? B. Lyons (ed.)Cases in European Competition Policy: The Economic Analysis, Cambridge University Press, 2009, pp. 312-346.

Exclusive Contracts and Vertical Restraints: Empirical Evidence and Public Policy. (with Francine Lafontaine)
Handbook of Antitrust Economics, Paolo Buccirossi (ed.) Cambridge: MIT Press, 2008, pp. 391-414.

Vertical Integration and Firm Boundaries: The Evidence. (with Francine Lafontaine), Journal of Economic Literature, Vol. 45, no. 3, September 2007, pp. 631-687.

A Central Limit Theorem for Endogenous Locations and Complex Spatial Interactions. (with Joris Pinkse and Lihong Shen), Journal of Econometrics, Vol. 140, No. 1, September 2007, pp. 215-225.

Semi-Structural Models of Advertising Competition. (with Joris Pinkse), Journal of Applied Econometrics, Vol. 22, No. 7, December 2007, pp. 1227-12246.

Dynamic Spatial Probit with Fixed Effects Using One Step GMM: An Application to Mine Operating Decisions. (with Joris Pinkse and Lihong Shen), Spatial Economic Analysis, Vol. 1, No. 1, June 2006, pp. 53-90.

Commodity Spot Prices: An Exploratory Assessment. (with Henry Thille), Economica, Vol. 73, No. 2, May 2006, pp. 229-256.

The Role of Economic Space in Decision Making. Annales d'Economie et de Statistique, Vot 77, no. 1, January/March 2005, pp. 1-21, ADRES Lecture, Paris, January 2004.

Models of Firm Profitability. International Journal of Industrial Organisation Vol. 22, No. 3, March 2004, pp. 289-308, Presidential address to the European Association for Research in Industrial Economics (EARIE), Helsinki, 2003. 

Mergers, Brand Competition, and the Price of a Pint. (with Joris Pinkse), European Economic Review Vol. 48, No. 3, 2004, pp. 617-643.

Market Power and Joint Dominance in UK Brewing. Journal of Industrial Economics, Vol. 52, No. 1, March 2004, pp. 133-163.

Spatial Price Competition: a Semiparametric Approach. (with Joris Pinkse and Craig Brett), Econometrica, 2002, 70, pp. 1111-1153.

Incentive Contracting and the Franchising Decision. (with Francine Lafontaine), Game Theory and Business Applications, K. Chatterjee and W. Samulelson (eds.), Kluwer Academic Press, 2001, pp. 133-188.

Valuing Managerial Flexibility: An Application of Real-Option Theory to Mining Investment. Journal of Environmental Economics and Management, 2001, 41, pp. 193-233.

SECOND THOUGHTS ON DOUBLE MARGINALIZATION. (with John Kwoka)