Institutional constraints on organizatio
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Benito Arruñada; Luis Vázquez; Giorgio Zanarone
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Article
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2009
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John Wiley and Sons
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English
⚖ 136 KB
## Abstract We study the effect of organizational choice and institutions on the performance of Spanish car dealerships. Using outlet‐level data from 1994, we find that vertically integrated dealerships showed substantially lower labor productivity, higher labor costs and lower profitability than f