Internet use, competition, and geographical rescoping in Yellow Pages advertising

Autor: Lesley Chiou, E. Nilay Kafali, Marc Rysman
Rok vydání: 2020
Předmět:
Zdroj: Information Economics and Policy. 52:100867
ISSN: 0167-6245
DOI: 10.1016/j.infoecopol.2020.100867
Popis: This paper examines the effect of Internet penetration on competition and prices in the market for Yellow Pages advertising. We find that the diffusion of the Internet is associated with a decrease in the number of competitors and average prices for printed advertisements in the long-run. However, the decrease in prices is attenuated both by increasing market concentration as firms exit and by geographic rescoping as remaining firms reposition their products.
Databáze: OpenAIRE