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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP8265 |
DP8265 Competition and Trust: Evidence from German Car Manufacturers | |
Konrad O Stahl; Leonardo Felli; Johannes Koenen | |
发表日期 | 2011-02-21 |
出版年 | 2011 |
语种 | 英语 |
摘要 | We explore the determinants and effects of trust relationships between upstream suppliers and downstream producers. Using unique survey data on individual supplier-buyer relationships in the German automotive industry, we show, by means of different measures of supplier-buyer trust, that higher levels of trust mitigate relationship-specific underinvestment in a classical hold-up situation. Moreover, contrary to the extant literature, we show that higher levels of supplier's trust are reflected in the buyer's choice of a more competitive procurement strategy among potential suppliers. |
主题 | Industrial Organization |
关键词 | Car manufacturers Competition German automotive industry Hold-up problem Specific investment Suppliers Trust |
URL | https://cepr.org/publications/dp8265 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537102 |
推荐引用方式 GB/T 7714 | Konrad O Stahl,Leonardo Felli,Johannes Koenen. DP8265 Competition and Trust: Evidence from German Car Manufacturers. 2011. |
条目包含的文件 | 条目无相关文件。 |
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