The Dynamics of Franchise Contracting: Evidence from Panel Data
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In this paper, we model the determinants of franchise contract terms, namely royalty rates and franchise fees, using a unique panel data set of about 1000 franchisors for the period 1980-1992. We focus on the extent to which firms adjust the terms of their contracts as they become better established
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美国国家经济研究局创建时间：
1996-05-01
