Outsourcing versus vertical integration: A dynamic model of industry equilibrium

Research, Preprint OPEN
Román Fossati;
  • Publisher: University of Bristol, Department of Economics
  • Subject: firm dynamics; vertical integration; industrial structure; idiosyncratic uncertainty | idiosyncratic uncertainty | vertical integration | firm dynamics, vertical integration, industrial structure, idiosyncratic uncertainty. | industrial structure | fi…rm dynamics
    • jel: jel:D21 | jel:L22 | jel:L10 | jel:D40 | jel:D92

Why do supply relations vary across industries and across firms within industries? Recent evidence by Hortaçsu and Syverson (2009) shows that vertically integrated producers are more productive, their size distribution dominates (in first order stochastic dominance sens... View more
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