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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w26117 |
来源ID | Working Paper 26117 |
Firms and Collective Reputation: a Study of the Volkswagen Emissions Scandal | |
Ruediger Bachmann; Gabriel Ehrlich; Ying Fan; Dimitrije Ruzic; Benjamin Leard | |
发表日期 | 2019-07-29 |
出版年 | 2019 |
语种 | 英语 |
摘要 | This paper uses the 2015 Volkswagen (VW) emissions scandal as a natural experiment to provide evidence that collective reputation externalities are economically significant. Using a combination of difference-in-differences and demand estimation approaches, we document a spillover effect from the scandal to the non-VW German auto manufacturers. The spillover amounts to an average drop of $2,057 in consumer valuations of these manufacturers’ vehicles and to a 34.6% reduction in their annual sales. We substantiate our interpretation that the estimates reflect a reputation spillover using data on internet search behavior and direct measures of consumer sentiment from Twitter. |
主题 | Microeconomics ; Households and Firms ; Behavioral Economics ; Industrial Organization ; Market Structure and Firm Performance ; Industry Studies |
URL | https://www.nber.org/papers/w26117 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583789 |
推荐引用方式 GB/T 7714 | Ruediger Bachmann,Gabriel Ehrlich,Ying Fan,et al. Firms and Collective Reputation: a Study of the Volkswagen Emissions Scandal. 2019. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w26117.pdf(1130KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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