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We utilize a unique database from a large legal services provider to examine how service quality responds to the firm … customers. Our results indicate that a service provider can use quality adjustment as a substitute for price adjustment in order … customers. Specifically, we show that service quality increases with the amount of the firm's available resources, decreases …
Persistent link: https://www.econbiz.de/10011262890
business services sector. The empirical analysis confirms that due to greater import penetration, French service firms exit by …
Persistent link: https://www.econbiz.de/10008692315
While there is considerable empirical evidence on the impact of liberalizing trade in goods, the effects of services …
Persistent link: https://www.econbiz.de/10005792056
The incidence of taxation and the design of an optimal tax system have been extensively discussed in the public finance literature but mainly within a competitive market setting or within a homogenous good (Cournot type) oligopoly. In a differentiated product oligopoly, the effect of taxation...
Persistent link: https://www.econbiz.de/10005504481
Product development within and across community-based and geographically dispersed virtual organizations is becoming an increasingly important mechanism through which individual knowledge holders create and disseminate knowledge in joint efforts to generate products. Without the benefits of...
Persistent link: https://www.econbiz.de/10011083814
Platforms use search diversion in order to trade off total consumer traffic for higher revenues derived by exposing consumers to products other than the ones that best fit their preferences. Our analysis yields three key and novel insights regarding search diversion incentives, which have direct...
Persistent link: https://www.econbiz.de/10011084110
Financial constraints are an important impediment to the growth of small businesses. We study theoretically and empirically how the financial constraints of agents affect their decisions to exert effort, and, hence the organizational decisions and growth of principals, in the context of...
Persistent link: https://www.econbiz.de/10011084668
Conventional explanations for the post-1991 growth of India’s manufacturing sector focus on goods trade liberalization and industrial de-licensing. We demonstrate the powerful contribution of a neglected factor: India’s policy reforms in services. The link between these reforms and the...
Persistent link: https://www.econbiz.de/10008642887
The economic slowdown in the 70s in Latin America and Japan in the late 90s, generated a growing skepticism about the role of industrial policy in the process of economic development. Yet, new considerations have emerged over the recent period, which invite us to revisit the issue. This paper...
Persistent link: https://www.econbiz.de/10009359485
This paper is the first of a larger project aimed at exploring, among other things, whether Europe has a consistent innovation policy in the context of EU economic law (competition policy, intellectual property law, sector regulation). As such, its primary aim is to present our approach for...
Persistent link: https://www.econbiz.de/10009205060