Empirical Regularities in the Vertical Restraints of Manuacturing Firms
Xulia González ()
Atlantic Economic Journal, 2015, vol. 43, issue 2, 181-194
This paper exploits a unique panel data set of Spanish manufacturing firms that contains information on vertical restraints affecting retailers and wholesalers. First, we analyze the scope of vertical restraints by identifying industry and size heterogeneities. Second, we explore the determinants of resale price maintenance by focusing on the effect of an upstream firm’s effort to increase demand. After presenting a simple theoretical framework, we use a linear probability model to analyze the empirical determinants of a manufacturing firm’s control of the resale price. We find that firms that make a greater advertising effort impose a resale price more frequently, as do larger firms and those that impose other restraints such as exclusive territories. Copyright International Atlantic Economic Society 2015
Keywords: Vertical restraints; Resale price maintenance; Manufacturing sector; L22; L12 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:kap:atlecj:v:43:y:2015:i:2:p:181-194
Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/11293/PS2
Access Statistics for this article
Atlantic Economic Journal is currently edited by Kathleen S. Virgo
More articles in Atlantic Economic Journal from Springer, International Atlantic Economic Society Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla ().