Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/13200
Title: Manufacturing and distribution strategies, distribution channels, and transaction costs : the case of parallel imported automobiles
Authors: Yeung, G
Mok, V 
Issue Date: 2013
Publisher: John Wiley & Sons
Source: Managerial and decision economics, 2013, v. 34, no. 1, p. 44-58 How to cite?
Journal: Managerial and decision economics 
Abstract: We examine how constraints on transnational corporations' official distribution channels, asset specificity, and bounded rationality of franchise dealers and parallel traders contribute to the sustainability of the parallel importation of automobiles. The manufacturing and distribution strategies employed by transnational corporations considerably add to the regional differences in the pricing and availability of specific models, as well as vehicle specifications. These necessary conditions enable opportunistic parallel traders to engage in arbitrage. The asset specificity of franchise dealers, bounded rationality, and opportunism of dealers and arbitrageurs sustain the parallel importation of automobiles.
URI: http://hdl.handle.net/10397/13200
ISSN: 0143-6570
EISSN: 1099-1468
DOI: 10.1002/mde.2573
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