Showing 1 - 10 of 3,577
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
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/10010292957
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
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/10009432017
We provide a simple model to investigate decisions on vertical integration/separation. The key feature of this model is that more than one input is required for the final products of the local downstream monopolists. Depending on their cost structure, downstream firms' decisions on vertical...
Persistent link: https://www.econbiz.de/10010332409
returns technology of the Cobb-Douglas type. We stress the differences between the conclusions obtained under this assumption … and those resulting from the traditional example considered in the literature, namely, a constant returns technology …
Persistent link: https://www.econbiz.de/10004984736
In this paper we analyze how the technology used by downstream firms can influence input and output market prices. We … show via an example that both these prices increase under a decreasing returns technology while the countrary holds when … the technology is constant. …
Persistent link: https://www.econbiz.de/10004984800
returns technology of the Cobb-Douglas type. We stress the differences between the conclusions obtained under this assumption … and those resulting from the traditional example considered in the literature, namely, a constant returns technology. …
Persistent link: https://www.econbiz.de/10005042825
In this paper we analyze how the technology used by downstream firms can influence input and output market prices. We … show via an example that both these prices increase under a decreasing returns technology while the contrary holds when the … technology is constant. …
Persistent link: https://www.econbiz.de/10005043487
The aim of this paper is to analyse the role of technology and spatial agglomeration in decisions about vertical … endogeneity problems, we estimate Probit and Linear Probability models to empirically investigate the role of technology and … technology intensity of acquirers matters for backward integration choices and moreover, that agglomeration plays a role in …
Persistent link: https://www.econbiz.de/10005049527