Abstract
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.
Original language | English |
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Pages (from-to) | 7-10 |
Number of pages | 4 |
Journal | Economics Letters |
Volume | 115 |
Issue number | 1 |
DOIs | |
Publication status | Published - 2012 |
Keywords
- Firm productivity
- Heterogeneous firms
- Market transparency
- Salop model
ASJC Scopus subject areas
- Economics and Econometrics
- Finance