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来源类型Working Paper
规范类型报告
DOI10.3386/w25286
来源IDWorking Paper 25286
Organizing Global Supply Chains: Input Cost Shares and Vertical Integration
Giuseppe Berlingieri; Frank Pisch; Claudia Steinwender
发表日期2018-11-26
出版年2018
语种英语
摘要We study how the technological importance of inputs – measured by cost shares – is related to the decision 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 multinationals vertically integrate high cost share inputs. 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 overpower property rights type forces. However, additional results show that both types forces are needed to explain the full patterns in the data.
主题International Economics ; Trade ; International Factor Mobility ; Industrial Organization ; Market Structure and Firm Performance ; Firm Behavior ; Development and Growth ; Development
URLhttps://www.nber.org/papers/w25286
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/582960
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GB/T 7714
Giuseppe Berlingieri,Frank Pisch,Claudia Steinwender. Organizing Global Supply Chains: Input Cost Shares and Vertical Integration. 2018.
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