RAS Social ScienceЭкономика и математические методы Economics and the Mathematical Methods

  • ISSN (Print) 0424-7388
  • ISSN (Online) 3034-6177

VERTICAL INTEGRATION, TECHNOLOGICAL PRODUCTION CHAIN, OPPORTUNISTIC BEHAVIOR AND THE ECONOMIC GROWTH

PII
S042473880000616-6-1
DOI
10.7868/S0000616-6-1
Publication type
Article
Status
Published
Authors
Volume/ Edition
Volume 46 / Issue 1
Pages
117-132
Abstract
Examined the determinants of vertical integration and its influences on the economic growth. Proposed the game-oriented model of interaction of the producers of the intermediate and final products. It is proved that the quality of institutes reduces the probability of vertical integration; while the productivity of the participants of the vertical integration influences differently on the probability rate - the more the technological connectedness and the higher the costs of opportunistic behavior, - the higher the probability of the vertical integration. Different stages of vertical integration differently influence the rate of economic growth.
Keywords
Date of publication
01.01.2010
Year of publication
2010
Number of purchasers
2
Views
771

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