Vertical integration in the U.S. auto industry

Knowledge Inheritance, Vertical Integration and Entrant Survival in the Early U.s. Auto Industry

Vertical Integration in the Pork Industry

This article provides an economic explanation regarding why the share of U.S. pork raised on company-owned farms with hired management (integration) is increasing relative to production through independently owned-and-operated contract growers (contracting). The article develops a property rights model that shows how in certain circumstances production contracts do not transfer sufficient contr...

Vertical Networks and US Auto Parts Exports: Is Japan Different?∗

In a model where upstream network insiders conduct relationship-specific investment, downstream firms have an incentive to transact within networks. Evidence from US auto parts exports to 26 auto-producing countries supports key predictions of the model. Greater production scale for assemblers lowers imported parts per car. Vertical networks matter in two ways. First, although Japan’s average i...

Vertical Integration and Program Access in the Cable Television Industry*

Effective competition for local monopoly cable systems would seem to offer a natural solution to nagging problems widely attributed to the cable industry, such as high prices and poor service. In regulatory and legislative proceedings leading up to the Cable Television Consumer Protection and Competition Act of 1992,(note 1) however, potential or existing competitors to local cable systems comp...

Vertical Integration and Information Technology Investment in the Insurance Industry

In this paper, we examine whether frictions created by differences in firm boundaries affect the speed with which firms adopt new Information Technology. Using a rich dataset on organizational characteristics and Internet investment by over 100 firms in the insurance industry, we show that vertical integration in distribution has a significant impact on the speed with which insurers adopt consu...