Transparency, entry, and productivity

This paper studies the relationship between transparency on the consumer side and productivity of firms. We show that more transparent markets are characterized by higher average productivity as firms with low productivity abstain from entering these markets.

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Year of publication:	2012
Authors:	Gu, Yiquan ; Wenzel, Tobias
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 115.2012, 1, p. 7-10
Publisher:	Elsevier
Subject:	Market transparency \| Firm productivity \| Salop model \| Heterogeneous firms

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Type of publication:	Article
Classification:	D24 - Production; Capital and Total Factor Productivity; Capacity ; L13 - Oligopoly and Other Imperfect Markets ; L15 - Information and Product Quality; Standardization and Compatibility
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010572133