haku: @indexterm COMPETITIVENESS / yhteensä: 1400
viite: 77 / 1400
| Tekijä: | Marín, P.L. Sicote, R. |
| Otsikko: | Exclusive contracts and market power: evidence from ocean shipping |
| Lehti: | Journal of Industrial Economics
2003 : JUN, VOL. 51:2, p. 193-213 |
| Asiasana: | Competitiveness Contracts Exports Oceans and seas Shipping industry |
| Kieli: | eng |
| Tiivistelmä: | There is a substantial theoretical literature on the pontential effects of loyalty contracts, but relatively little empirical work. Event study methodology is employed to examine the competitive effects of exclusionary contracts in the ocean shipping industry, where they were the subject of an extended legal and political struggle. It is found that some of the most important events in this conflict caused changes in shipping companies' stock returns, indicating exclusive contracts increased their profits. |
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