search query: @indexterm Franchising / total: 231
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| Author: | Lafontaine, F. Shaw, K. |
| Title: | The dynamics of franchise contracting: evidence from panel data |
| Journal: | Journal of Political Economy
1999 : OCT, VOL. 107:5, p. 1041-1080 |
| Index terms: | POLITICAL ECONOMY PANEL DATA FRANCHISING |
| Language: | eng |
| Abstract: | This paper provides the first systematic evidence on how franchisors adjust their royalty rates and franchise fees as they gain franchising experience. This evidence comes from a unique panel data set that the authors assembled on these monetary contract terms for about 1,000 franchisors each year for the 1980-92 period. The authors find that there is much persistence, over time, in franchise contract terms within firms. |
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