Acemoglu, Daron; Aghion, Philippe; Griffith, Rachel; … - In: Journal of the European Economic Association 8 (2010) 5, pp. 989-1033
We study 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 the UK...
