Competition and Product Quality in the Supermarket Industry
نویسندگان
چکیده
منابع مشابه
Competition and product quality in the supermarket industry.
This article analyzes the effect of competition on a supermarket firm's incentive to provide product quality. In the supermarket industry, product availability is an important measure of quality. Using U.S. Consumer Price Index microdata to track inventory shortfalls, I find that stores facing more intense competition have fewer shortfalls. Competition from Walmart—the most significant shock to...
متن کاملService Competition and Product Quality in the U.S. Automobile Industry
We formulate a structural econometric model to analyze the impact of service attributes (warranty length, after-sales service quality) on consumer demand in the U.S.automobile industry. Our results indicate that service attributes play a compensatory role with respect to product quality, i.e., the impact of warranty length and service quality on demand increases when product quality decreases. ...
متن کاملOnline Appendix for "Running on Empty? Financial Leverage and Product Quality in the Supermarket Industry"
The empirical analysis in the paper finds that, on average, taking on high leverage increases stockouts by about 8 to 9 percent. To put this magnitude in perspective, I construct an estimate of the profit impact of an 8 percent increase in stockouts for the average supermarket firm. The calculation, which is presented in Panel A of Table A1, trades off the benefit of reduced inventory investmen...
متن کاملBank Competition and Risk-taking in the Iranian Banking Industry
Abstract: The banking industry is one of the main sectors of the economy of any country, that its health is a necessary condition to play a positive role in the economic development of that country. The health of the banking system is assessed by the financial stability criterion, which is evaluated by various risk-taking indexes. On the other hand, the banks risk-taking is affected by various...
متن کاملSupermarket Choice and Supermarket Competition in Market Equilibrium ¤
Multi-store ...rms are common in the retailing industry. Theory suggests that cross-elasticities between stores of the same ...rm enhance market power. To evaluate the importance of this e¤ect in the UK supermarket industry, we estimate a model of consumer choice and expenditure using three data sources: pro...t margins for each chain, a survey of consumer choices, and a data set of store chara...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: The Quarterly Journal of Economics
سال: 2011
ISSN: 0033-5533,1531-4650
DOI: 10.1093/qje/qjr031