Franchise Market, Contract Conditions, and Welfare Implications: Evidence from Korea
This paper analyzes how franchise contract conditions are influenced by business structures as well as how contract conditions affect producer surplus by utilizing Korean franchise Information Disclosure Documents for the years 2014-2016. We find that franchise fees tend to increase in line with inc...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Korea Development Institute
2022-02-01
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| Series: | KDI Journal of Economic Policy |
| Subjects: | |
| Online Access: | https://kdijep.org/v.44/1/49/Franchise+Market+Contract+Conditions+and+Welfare+Implications+Evidence+from+Korea |