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Transaction Cost, Technology Transfer and Mode of Organization

Mandal, Biswajit; Marjit, Sugata - Volkswirtschaftliche Fakultät, … - 2010

We develop a monopolistically competitive model for a closed economy without contract incompleteness. We show that if superior technology is not allowed to be transferred, integration would be the best mode of organization given that the transaction cost of intermediate input is sufficiently...

Persistent link: https://www.econbiz.de/10008557274

International Trade and Local Outsourcing

Marjit, Sugata; Yang, Lei; Xu, Xinpeng - Volkswirtschaftliche Fakultät, … - 2009

outsourcing due to the capital cost effect and the scale effect. We also unveil one source of productivity and formalize a link … the scale effect move against each other. Accordingly, the impacts of international trade on local outsourcing in export … intermediate goods encourages fragmentation and local outsourcing. …

Persistent link: https://www.econbiz.de/10008559019

Outsourcing and Vertical Integration in a Competitive Industry

Ciliberto, Federico; Panzar, John - Volkswirtschaftliche Fakultät, … - 2009

We develop a partial equilibrium, perfectly competitive framework of a (potentially) vertically integrated industry. There are three types of firms: upstream firms that use primary factors to produce an intermediate; downstream firms that use primary factors and intermediates to produce a final...

Persistent link: https://www.econbiz.de/10008549609