Gao, Kailin; Yu, Miaojie - 2023
-to-Business platforms, which launched its certification policy, "Gold Supplier," in 2000. We posit that signaling as a Gold Supplier is more … Moments, we estimate a dynamic structural model that embeds information asymmetry, signaling, and quality upgrading …. Counterfactual analysis shows that a 1% reduction in the differential cost of signaling increases total trade by 1.50% and that …