Showing 1 - 10 of 45
, brand-supporting investment. In an incomplete contract environment, vertical merger encourages investment in integrated … delicately on a trade-off between the benefits of supplier-specific rather than generally applicable retailer investment, and the … implements competition reducing, product differentiating investment strategies. …
Persistent link: https://www.econbiz.de/10009276301
Hybrid governance structures between markets and hierarchies in many industries, e.g., in energy and telecommunications, challenge antitrust and regulation policy. The paper focuses on the theoretical and methodological basis provided by the New Institutional Economics (NIE) for analyzing the...
Persistent link: https://www.econbiz.de/10005755247
The decisions of foreign investors on technical cooperation versus equity engagements and on the degree of ownership in FDI projects are likely to depend on their relative bargaining position vis-à-vis the host country. India provides an interesting case for analyzing the interplay between...
Persistent link: https://www.econbiz.de/10009149138
The economic effects of offshoring have been subject to extensive empirical analysis in the past, but many studies have not accurately distinguished between offshoring, domestic outsourcing, and the substitution of domestic by foreign suppliers. In this study I provide stylized facts on...
Persistent link: https://www.econbiz.de/10010886967
We draw on a recent survey of European companies to differentiate between alternative modes of international outsourcing as possible determinants of market, cost and knowledge-related aspects of the competitiveness of firms. We find that internalized modes are often superior to outside options,...
Persistent link: https://www.econbiz.de/10008479318
During the recent decades, multitasking has become a more and more common phenomenon at workplaces. Rather than specializing in a job task, workers perform bundles of tasks. Bundling occurs when tasks are complements. Using individual-level data about job tasks, we analyze which tasks are...
Persistent link: https://www.econbiz.de/10008784527
The possibility to outsource over the internet should revolutionize foreign outsourcing, especially for services (UNCTAD, 2004). Our model describes materials and services input allocation from domestic vs. foreign suppliers. Allocations change when firms outsource online due to access and...
Persistent link: https://www.econbiz.de/10010887007
We use unique plant-level data to study the link between the local availability of services and the decision of manufacturing firms to source materials from abroad. To guide our empirical analysis we develop a monopolistic-competition model of the materials sourcing decisions of heterogeneous...
Persistent link: https://www.econbiz.de/10010982444
This paper sheds light on how changes in the organization of work lead to wage inequality. We present a theoretical model in which workers with a wider span of competence (higher level of multitasking) earn a wage premium. Since abilities and opportunities to expand the span of competence are...
Persistent link: https://www.econbiz.de/10010982753
In addition to firm and industry characteristics, the heterogeneity of foreign direct investment (FDI) has to be taken …
Persistent link: https://www.econbiz.de/10010983122