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Bernard, Andrew B.; Fort, Teresa C - C.E.P.R. Discussion Papers - 2013

This paper documents the extent and characteristics of plants and firms in the US that are outside the manufacturing sector according to official government statistics but nonetheless are heavily involved in activities related to the production of manufactured goods. Using new data on...

Persistent link: https://www.econbiz.de/10011083862

Intellectual Property Rights and Efficient Firm Organization

Ponzetto, Giacomo AM - C.E.P.R. Discussion Papers - 2012

manufacturers where IP rights are weaker, and a switch from integration to outsourcing over the product cycle. Empirical evidence on …

Persistent link: https://www.econbiz.de/10011084191

Organization of Multinational Activities and Ownership Structure

Mugele, Christian; Schnitzer, Monika - C.E.P.R. Discussion Papers - 2006

We develop a model in which multinational investors decide about the modes of organization, the locations of production, and the markets to be served. Foreign investments are driven by market-seeking and cost-reducing motives. We further assume that investors face costs of control that vary...

Persistent link: https://www.econbiz.de/10005791570

Vertical Integration and Technology: Theory and Evidence

Acemoglu, Daron; Aghion, Philippe; Griffith, Rachel; … - C.E.P.R. Discussion Papers - 2005

This paper investigates the determinants of vertical integration. We first derive a number of predictions regarding the relationship between technology intensity and vertical integration from a simple incomplete contracts model. Then, we investigate these predictions using plant-level data for...

Persistent link: https://www.econbiz.de/10005123944

Physical Capital, Knowledge Capital and the Choice Between FDI and Outsourcing

Chen, Yongmin; Horstmann, Ignatius J; Markusen, James R. - C.E.P.R. Discussion Papers - 2008

There exist two approaches in the literature concerning the multinational firm's mode choice for foreign production between an owned subsidiary and a licensing contract. One approach considers environments where the firm is transferring primarily knowledge-based assets. An important assumption...

Persistent link: https://www.econbiz.de/10005504703

Grossman-Hart (1986) Goes Global: Incomplete Contracts, Property Rights, and the International Organization of Production

Antràs, Pol - C.E.P.R. Discussion Papers - 2011

I survey the influence of Grossman and Hart's (1986) seminal paper in the field of International Trade. I discuss the implementation of the theory in open-economy environments and its implications for the international organization of production and the structure of international trade flows. I...

Persistent link: https://www.econbiz.de/10009320400

Productivity, Relationship-Specific Inputs and the Sourcing Modes of Multinationals

Defever, Fabrice; Toubal, Farid - C.E.P.R. Discussion Papers - 2011

We investigate the roles of productivity and the specificity of inputs for the international sourcing strategy of firms which are part of a multinational network. We present a framework in which firms decide to import from a foreign independent supplier or from their related party abroad...

Persistent link: https://www.econbiz.de/10009365648

Pricing, Investments and Mergers with Intertemporal Capacity Constraints

Christou, Charalambos; Kotseva, Rossitsa; Vettas, Nikolaos - C.E.P.R. Discussion Papers - 2007

decisions of the firms, examine their intertemporal pricing behavior, their incentives to merge, as well as the welfare … capacity instalment cost, a merger that turns the duopoly into a monopoly is welfare improving. …

Persistent link: https://www.econbiz.de/10005661999

Outsourcing, Complementary Innovations and Growth

Naghavi, Alireza; Ottaviano, Gianmarco - C.E.P.R. Discussion Papers - 2006

the presence of search friction and incomplete outsourcing contracts, we show that the ex-post bargaining power of … a tension between the static and dynamic effects of outsourcing. The reason is that firms make their organizational … choices weighting the higher searching and contracting costs of outsourcing against the higher entry and foregone …

Persistent link: https://www.econbiz.de/10005656287

Investments in physical capital, relationship-specificity, and the property rights approach

Schmitz, Patrick W - C.E.P.R. Discussion Papers - 2013

We reconsider the property rights approach to the theory of the firm based on incomplete contracts. We explore the implications of different degrees of relationship-specificity when there are two parties, A and B, who can make investments in physical capital (instead of human capital). If...

Persistent link: https://www.econbiz.de/10011083975