| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9531 |
| DP9531 The Value of Relationships: Evidence from a Supply Shock to Kenyan Rose Exports | |
| Rocco Macchiavello; Ameet Morjaria | |
| 发表日期 | 2013-06-30 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | This paper provides evidence on the importance of reputation, intended as beliefs buyers hold about seller's reliability, in the context of the Kenyan rose export sector. A model of reputation and relational contracting is developed and tested. We show that 1) the value of the relationship increases with the age of the relationship; 2) during an exogenous negative supply shock sellers prioritize relationships consistently with the predictions of the model; and 3) reliability at the time of the shock positively correlates with future survival and relationship value. Models exclusively focusing on enforcement or insurance considerations cannot account for the evidence. |
| 主题 | Development Economics ; Industrial Organization ; International Trade and Regional Economics |
| 关键词 | Relational contracts Reputation Exports |
| URL | https://cepr.org/publications/dp9531 |
| 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/538367 |
| 推荐引用方式 GB/T 7714 | Rocco Macchiavello,Ameet Morjaria. DP9531 The Value of Relationships: Evidence from a Supply Shock to Kenyan Rose Exports. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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