演講者簡介 : Travis Ng received his Ph.D. in Economics from University of Toronto in 2007. He is currently serving as Assistant Professor of Economics at Chinese University of Hong Kong. His research field is in empirical industrial organization and applied microeconomics.
演講摘要 : This paper proposes a simple theory of competition and customization. When firms allocate their production to both custom-made and standardized products, the fraction of sales from the former will increase in the face of increased competition. We test this prediction using a World Bank survey of Chinese firms and find consistent empirical results.
