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来源类型Working Paper
规范类型报告
DOI10.3386/w17889
来源IDWorking Paper 17889
Vertical Integration and Market Structure
Timothy F. Bresnahan; Jonathan D. Levin
发表日期2012-03-01
出版年2012
语种英语
摘要Contractual theories of vertical integration derive firm boundaries as an efficient response to market transaction costs. These theories predict a relationship between underlying features of transactions and observed integration decisions. There has been some progress in testing these predictions, but less progress in quantifying their importance. One difficulty is that empirical applications often must consider firm structure together with industry structure. Research in industrial organization frequently has adopted this perspective, emphasizing how scale and scope economies, and strategic considerations, influence patterns of industry integration. But this research has paid less attention to contractual or organizational details, so that these two major lines of research on vertical integration have proceeded in parallel with only rare intersection. We discuss the value of combining different viewpoints from organizational economics and industrial organization.
主题Microeconomics ; Households and Firms ; Industrial Organization ; Market Structure and Firm Performance ; Firm Behavior ; Other ; Accounting, Marketing, and Personnel
URLhttps://www.nber.org/papers/w17889
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/575564
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GB/T 7714
Timothy F. Bresnahan,Jonathan D. Levin. Vertical Integration and Market Structure. 2012.
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