Can competition keep the restrooms clean? Price, quality and spatial competition

被引：7
|
作者：
Pennerstorfer, Dieter [1 ,2 ]
机构：
[1] Austrian Inst Econ Res WIFO, Object 20, A-1030 Vienna, Austria
[2] Vienna Univ Econ & Business, Welthandelspl 1, A-1020 Vienna, Austria
来源：
REGIONAL SCIENCE AND URBAN ECONOMICS | 2017年 / 64卷
关键词：
Spatial competition; Product quality; Retail prices; Retail markets; Camping sites; MARKET; OWNERSHIP; DISPERSION; MODEL; WINE;
D O I：
10.1016/j.regsciurbeco.2017.02.005
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This article investigates the influence of competition on price and product quality among Austrian camping sites, a market characterized by both horizontal (spatial) and vertical product differentiation. Theoretically, the effect of competition on quality is ambiguous and depends on the degree of cost substitutability between output and quality. Estimating a system of equations shows that intense competition has a positive impact on product quality and a negative effect on prices (conditional on quality). As high quality is associated with high prices, the total effect of competition on prices is rather small.
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页码：117 / 136
页数：20
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