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Consumer Reviews and Regulation : Evidence from NYC Restaurants
Farronato, Chiara; Zervas, Georgios - National Bureau of Economic Research - 2022
We investigate the informativeness of hygiene signals in online reviews, and their effect on consumer choice and restaurant hygiene. We first extract signals of hygiene from Yelp. Among all dimensions that regulators monitor through mandated restaurant inspections, we find that reviews are more...
Persistent link: https://www.econbiz.de/10012938684
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Is the American Soft Power a Casualty of the Trade War?
Fan, Haichao; Hu, Yichuan; Tang, Lixin; Wei, Shang-Jin - National Bureau of Economic Research - 2022
whether it is recognized as legitimate by Chinese citizens. We study how the viewership of US movies--an important element of … the US soft power--is affected by the trade war, utilizing variations across Chinese cities in the exposure to the Trump …
Persistent link: https://www.econbiz.de/10013191093
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The Role of Repugnance in Markets : How the Jared Fogle Scandal Affected Patronage of Subway
Cawley, John H.; Eddelbuettel, Julia; Cunningham, Scott; … - National Bureau of Economic Research - 2023
Economics has long studied how consumers respond to the disclosure of information about firms. We study a case in which the disclosed information is unrelated to the product or firm leadership, but which could still potentially affect consumer patronage through the mechanism of repugnance, as...
Persistent link: https://www.econbiz.de/10014421207
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Collective Reputation in Trade : Evidence from the Chinese Dairy Industry
Bai, Jie - 2019
a large-scale scandal that affected the Chinese dairy industry in 2008. Leveraging rich firm-product level …
Persistent link: https://www.econbiz.de/10012480227
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The Impact of Prices on Firm Reputation
Luca, Michael - 2020
While a business's reputation can impact its pricing, prices can also impact its reputation. To explore the impact of prices on reputation, we investigate daily data on menu prices and online ratings from a large rating and ordering platform. We find that a price increase of 1% leads to a...
Persistent link: https://www.econbiz.de/10012481600
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Nationalism and Economic Exchange : Evidence from Shocks to Sino-Japanese Relations
Fisman, Raymond - 2014
relative declines during each event window; a symmetric effect is observed for Chinese companies with high Japanese exposure …. The effect on Japanese companies is more pronounced for those operating in industries dominated by Chinese state …-owned enterprises, while firms with high Chinese employment experience lower declines. These results emphasize the role of countries …
Persistent link: https://www.econbiz.de/10012458576
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Incomplete Disclosure : Evidence of Signaling and Countersignaling
Bederson, Benjamin B. - 2016
In 2011, Maricopa County adopted voluntary restaurant hygiene grade cards (A, B, C, D). Using inspections results between 2007 and 2013, we show that only 58 percent of the subsequent inspections led to online grade posting. Although the disclosure rate in general declines with inspection...
Persistent link: https://www.econbiz.de/10012455970
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On the Persistence of the China Shock
Autor, David H.; Dorn, David; Hanson, Gordon H. - National Bureau of Economic Research - 2021
Abstract We evaluate the duration of the China trade shock and its impact on a wide range of outcomes over the period 2000 to 2019. The shock plateaued in 2010, enabling analysis of its effects for nearly a decade past its culmination. Adverse impacts of import competition on manufacturing...
Persistent link: https://www.econbiz.de/10012660079
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Red Scare? A Study of Ethnic Prejudice in the Prosecutions under the Economic Espionage Act
Fang, Hanming; Li, Ming - National Bureau of Economic Research - 2021
We empirically test whether the Department of Justice (DOJ) engages in ethnic prejudice against Chinese in its … conduct Becker's outcome test for evidence of ethnic prejudice. We find that Chinese-named defendants were more likely to be … market reaction was much more muted to the news on the case filing date if the charged defendants are of Chinese descent. Our …
Persistent link: https://www.econbiz.de/10012629492
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Lobbying Behind the Frontier
Bombardini, Matilde; Cutinelli-Rendina, Olimpia; … - National Bureau of Economic Research - 2021
This chapter investigates the non-market response of firms to international trade shocks increasing the level of competition in U.S. industries. Lobbying expenditures increase as a consequence of import changes related to the China shock. The effect on lobbying is not homogeneous across firms...
Persistent link: https://www.econbiz.de/10012616568