全球智库信息集成服务系统(G2TT): DP13321 Organizing Global Supply Chains: Input-Output Linkages and Vertical Integration

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP13321
	DP13321 Organizing Global Supply Chains: Input-Output Linkages and Vertical Integration
	Claudia Steinwender; Giuseppe Berlingieri; Frank Pisch
发表日期	2019-04-23
出版年	2019
语种	英语
摘要	We study whether and how the technological importance of an input – measured by its cost share – is related to the decision of whether to “make” or “buy” that input. Using detailed French international trade data and an instrumental variable approach based on self-constructed input-output tables, we show that French multinationals vertically integrate those inputs that have high cost shares. A stylized incomplete contracting model with both ex ante and ex post inefficiencies explains why: technologically more important inputs are “made” when transaction cost economics type forces (TCE; favoring integration) overpower property rights type forces (PRT; favoring outsourcing). Additional results related to the contracting environment and headquarters intensity consistent with our theoretical framework show that both TCE and PRT type forces are needed to fully explain the empirical patterns in the data.
主题	Industrial Organization ; International Trade and Regional Economics
关键词	Vertical integration Supply chains Direct requirements Input output relationship Intrafirm trade
URL	https://cepr.org/publications/dp13321-0
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/542547
推荐引用方式 GB/T 7714	Claudia Steinwender,Giuseppe Berlingieri,Frank Pisch. DP13321 Organizing Global Supply Chains: Input-Output Linkages and Vertical Integration. 2019.