Internalizing Global Value Chains: A Firm-Level Analysis

被引：116

作者：

Alfaro, Laura ^{[1
]}

Chor, Davin ^{[1
]}

Antras, Pol ^{[2
,3
]}

Conconi, Paola ^{[4
]}

机构：

[1] Harvard Univ, Cambridge, MA 02138 USA

[2] Dartmouth Coll, Hanover, NH 03755 USA

[3] Natl Univ Singapore, Singapore, Singapore

[4] Univ Libre Bruxelles, Brussels, Belgium

来源：

JOURNAL OF POLITICAL ECONOMY | 2019年 / 127卷 / 02期

关键词：

VERTICAL INTEGRATION; INCOMPLETE CONTRACTS; INTRAFIRM TRADE; AGGLOMERATION; DETERMINANTS; RELATEDNESS; OWNERSHIP; COSTS;

D O I：

10.1086/700935

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

A key decision facing firms is the extent of control to exert over the different stages in their production processes. We develop and test a property rights model of firm boundary choices along the value chain. We construct firm-level measures of the upstreamness of integrated and nonintegrated inputs by combining information on firms' production activities in more than 100 countries with input-output tables. Whether a firm integrates upstream or downstream suppliers depends crucially on the elasticity of demand it faces. Moreover, integration is shaped by the relative contractibility of stages along the value chain, as well as by the firm's productivity.

引用

页码：508 / 559

页数：52

共 45 条

[41] Intrafirm trade and vertical fragmentation in US multinational corporations [J].