Narrow search
Showing 1 - 10 of 13,629
Cover Image
Vertical Integration and Technology: Theory and Evidence
Acemoglu, Daron; Aghion, Philippe; Griffith, Rachel; … - Institut für Volkswirtschaftslehre, … - 2007
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 …
Persistent link: https://www.econbiz.de/10005628007
Cover Image
Vertical integration and technology: theory and evidence
Acemoglu, Daron; Aghion, Philippe; Griffith, Rachel; … - Institute for Fiscal Studies (IFS) - 2004
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. …
Persistent link: https://www.econbiz.de/10005727583
Cover Image
Relational Incentive Contracts
Malcomson, James - Department of Economics, Oxford University - 2010
This chapter reviews the literature on the theory of relational incentive contracts.  It motivates the discussion by the classic applications of relational contracts to the GM-Fisher Body relationship and the relationships between Japanese automobile manufacturers and their subcontractors.  It...
Persistent link: https://www.econbiz.de/10008671389
Cover Image
On Synergies and Vertical Integration
Schmitz, Patrick; Sliwka, Dirk - University of Bonn, Germany - 1999
We analyze in an incomplete contracts model whether a supplier should be integrated if in addition to his investment …-integration leads to higher investment incentives, potential synergies are foregone. Hence, integration can be optimal even though only … the supplier makes an investment decision. This may also yield some insights for the discussion on which activities belong …
Persistent link: https://www.econbiz.de/10004968136
Cover Image
Bargaining position, bargaining power, and the property rights approach
Schmitz, Patrick W. - Volkswirtschaftliche Fakultät, … - 2013
In the property rights approach to the theory of the firm (Hart, 1995), parties bargain about whether or not to collaborate after non-contractible investments have been made. Most contributions apply the regular Nash bargaining solution. We explore the implications of using the generalized Nash...
Persistent link: https://www.econbiz.de/10011113898
Cover Image
Efficiency and distribution in contract farming:The case of Indian poultry growers
Ramaswami, Bharat; Birthal, Pratap Singh; Joshi, P.K. - Indian Statistical Institute - 2005
contracting in terms of lower risk and higher expected returns. Improved technology and production practices as well as the way in …
Persistent link: https://www.econbiz.de/10004979277
Cover Image
Polluters and Abaters
Nimubona, Alain-Désiré; Sinclair-Desgagné, Bernard - Fondazione ENI Enrico Mattei (FEEM) - 2010
To comply with laws, regulations and social demands, polluting firms increasingly purchase the needed means from specialized suppliers. This paper analyzes this relatively recent phenomenon. We show how environmental regulation, the size of the output market, the elasticity of demand for...
Persistent link: https://www.econbiz.de/10008828407
Cover Image
Globalisation de la R&D et mécanismes de coordination: le rôle des groupes de projets dans l'intégration d'activités multinationales
Mendez, Ariel - In: Revue Finance Contrôle Stratégie 4 (2001) 4, pp. 85-112
This article deals with the question of the functioning and impact of mechanisms of coordination in the international organization of the R&D activity. It is based on surveys carried out into seven European and American MNCs in three sectors. The present movement of decentralization of R&D...
Persistent link: https://www.econbiz.de/10005466880
Cover Image
Will production relocate from Asia to Finland? Case Bicycle (in Finnish with English abstract and summary)
Kalm, Matias; Seppälä, Timo - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2012
In this paper, we study the value chain of a Finnish designed bicycle and how the value added of the product is spread through the value chain in three distinct cases. In the first case the bicycle is manufactured in Finland by the researched company. In the two other cases the manufacturing of...
Persistent link: https://www.econbiz.de/10010987315
Cover Image
Outside Purchase Contracts, Human Capital and Firm Capital Structure
Phillips, Gordon M.; Moon, S. Katie - National Bureau of Economic Research (NBER) - 2014
We examine the impact of outside purchase contracts on firm risk and firm capital structure. We find that firms with more outside purchase contracts have less risky cash flows. Despite these less risky cash flows, firms with these contracts also have less financial leverage especially when they...
Persistent link: https://www.econbiz.de/10010951012