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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w18020 |
来源ID | Working Paper 18020 |
Why Do Firms Own Production Chains? | |
Enghin Atalay; Ali Hortacsu; Chad Syverson | |
发表日期 | 2012-04-26 |
出版年 | 2012 |
语种 | 英语 |
摘要 | We use broad-based yet detailed data from the economy's goods-producing sectors to investigate firms' ownership of production chains. It does not appear that vertical ownership is primarily used to facilitate transfers of goods along the production chain, as is often presumed: Roughly one-half of upstream plants report no shipments to their firms' downstream units. We propose an alternative explanation for vertical ownership, namely that it promotes efficient intra-firm transfers of intangible inputs. We show evidence consistent with this hypothesis, including the fact that upon a change of ownership, an acquired plant begins to resemble the acquiring firm along multiple dimensions. |
主题 | Industrial Organization ; Firm Behavior |
URL | https://www.nber.org/papers/w18020 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575696 |
推荐引用方式 GB/T 7714 | Enghin Atalay,Ali Hortacsu,Chad Syverson. Why Do Firms Own Production Chains?. 2012. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w18020.pdf(380KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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