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(horizontal and vertical). We hypothesize and find that: (1) central vertical keiretsu firms are more profitable than central … horizontal keiretsu firms; (2) central horizontal keiretsu firms have greater profit stability than central vertical keiretsu … firms; (3) central vertical keiretsu firms are more profitable than non-central vertical keiretsu firms; and (4) central …
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umbrella organization plays a chain coordinator role in horizontal coordination. The umbrella organization leads, directs, and … makes major decisions. A country director/programme manager acts as a strategic coordinator in vertical coordination …
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In order to examine if the impact of oil price shocks depends on the structure of an economy, a vertical (VSC) and a … horizontal (HSC) long-run supply curve identification are successively imposed on a three variable VAR with Indian time series …
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be effective? Whether the mechanistic and vertical delivery system will achieve the health care to all sections of …
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Australia’s inter-governmental fiscal relations have gradually moved towards greater centralisation. State governments receive sizeable transfers from the federal government and own revenues only partially cover their expenses. Finding the right balance between federal control and state...
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