余淼杰教授最新合作工作论文:Signaling and Quality Upgrading: Evidence from E-commerce Certification in China
No.2023002August 2023Kailin Gao, Miaojie YuAbstractE-commerce certification can signal a firm's quality, reducing information frictions and incentiviz ing quality upgrading. This paper examines the effect of certification on quality upgrading both econometrically and using a novel dynamic structural model. To this end, we collected data from Alibaba.com, one of the world's largest global Busi...