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Author:Doyle, M.
Snyder, C.
Title:Information sharing and competition in the motor vehicle industry
Journal:Journal of Political Economy
1999 : DEC, VOL. 107:6, part 1, p. 1326-1364
Index terms:POLITICAL ECONOMY
CARS
INFORMATION
Language:eng
Abstract:Up to six months ahead of actual production, US automakers announce plans for their monthly domestic production of cars. A leading industry trade journal publishes the initial plans and then a series of revisions leading up to the months in question. The authors analyze a panel data set spanning the years 1965-95, matching the production forecasts with data for actual monthly production. They show that a firm's plan's announcement affects competitors' later revisions of their own plans and eventual production.
SCIMA record nr: 207547
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