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Learning, Sophistication, and the Returns to Advertising: Implications for Differences in Firm Performance

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NBER2023-05-01 更新2025-01-04 收录
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Why do establishments exhibit wide variation in their productivity and profitability? Can variation in returns to advertising help answer this question? We present results from a large field experiment on Facebook and Instagram that documents variance in advertisers ability to generate returns to

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2023-05-01
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