relationship between technology intensity and vertical integration from a simple incomplete contracts model. Then, we investigate … find that the technology intensities of downstream (producer) and upstream (supplier) industries have opposite effects on … measures of technology intensity, with alternative estimation strategies, and with or without controlling for a number of firm …

vertically integrated when the producing industry is more technology intensive and the supplying industry is less technology … producer\\\'s costs. These results are generally robust and hold with alternative measures of technology intensity, with … vertical integration in terms of investment incentives. …

vertically integrated when the producing industry is more technology intensive and the supplying industry is less technology … producer\\\'s costs. These results are generally robust and hold with alternative measures of technology intensity, with … vertical integration in terms of investment incentives. …

relationship between technology intensity and vertical integration from a simple incomplete contracts model. Then, we investigate … find that the technology intensities of downstream (producer) and upstream (supplier) industries have opposite effects on … measures of technology intensity, with alternative estimation strategies, and with or without controlling for a number of firm …

relationship between technology intensity and vertical integration from a simple incomplete contracts model. Then, we investigate … find that the technology intensities of downstream (producer) and upstream (supplier) industries have opposite effects on … measures of technology intensity, with alternative estimation strategies, and with or without controlling for a number of firm …

between technology intensity and vertical integration from a simple incomplete contracts model. Then, we investigate these … predictions, we find that the technology intensity of downstream (producer) industries is positively correlated with the …'s costs. These results are generally robust and hold with alternative measures of technology intensity, with alternative …

relationship between technology intensity and vertical integration from a simple model with nancial imperfections andincomplete … consistent with theory, we find that the technology intensities of downstream (producer) and upstream(supplier) industries have … with alternative measures of technology intensity, with alternative estimation strategies, and with or without controlling …

vertically integrated when the producing industry is more technology intensive and the supplying industry is less technology … producer's costs. These results are generally robust and hold with alternative measures of technology intensity, with … vertical integration in terms of investment incentives. …

integrated in industries that are more human capital or technology intensive. …

We construct a model where the equilibrium organization of firms changes as an economy approaches the world technology … from the technology frontier, imitation activities are more important, and vertical integration is preferred. Closer to the …