Lee, Jinkook; Seo, Myoungshik - In: KDI-journal of economic policy 44 (2022) 1, pp. 49-75
This paper analyzes how franchise cont ract conditions are influenced by business structures as well as how contract … conditions affect producer surplus by utilizing Korean franchise Information Disclosure Documents for the years 2014-2016. We … find that franchise fees tend to increase in line with increases in the numbers of direct stores or the business period …