G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Input Production Joint Venture
Gianpaolo Rossini; Cecilia Vergari
发表日期2009
出处Economy and Society
出版年2009
语种英语
摘要In many industries it is quite common to observe firms delegating the production of essential inputs to independent ventures jointly established with competing rivals. The diffusion of this arrangement and the favourable stance of competition authorities call for the assessment of the social and private desirability of Input Production Joint Ventures (IPJV), which represent a form of input production cooperation, not investigated so far. IPJV can be seen as an intermediate organizational setting lying between the two extremes of vertical integration and vertical separation. Our investigation is based on an oligopoly model with horizontally differentiated goods. We characterize the conditions under which IPJV is privately optimal finding that firms’ incentives may be welfare detrimental. We also provide a rationale for the empirical relevance of IPJV both in terms of its ability to survive and in terms of disengagement incentives.
特色分类L24;L42
关键词Input Production Joint Venture Horizontal Differentiation Oligopoly
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/input-production-joint-venture/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117638
推荐引用方式
GB/T 7714
Gianpaolo Rossini,Cecilia Vergari. Input Production Joint Venture. 2009.
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