Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/129021 
Autor:innen: 
Erscheinungsjahr: 
2014
Schriftenreihe/Nr.: 
WIFO Working Papers No. 466
Verlag: 
Austrian Institute of Economic Research (WIFO), Vienna
Zusammenfassung: 
This paper investigates the influence of competition on price and product quality among Austrian camping sites, a market charactised 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 quite small.
Schlagwörter: 
Spatial competition
price and quality competition
retail markets
camping sites
Dokumentart: 
Working Paper

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