Fiche du document
2015
- handle: 10670/1.1072f8
- 1133-455X
Ce document est lié à :
http://www.redalyc.org/revista.oa
Revista de Economía Aplicada
Citer ce document
A. PELEGRÍN et al., « WHICH FIRMS ARE INVOLVED IN FOREIGN VERTICAL INTEGRATION? », Revista de Economía Aplicada, ID : 10670/1.1072f8
Métriques
Partage / Export
Résumé
"In line with the literature that considers that transaction costs, asset speci- ficity and incomplete contracts play a key role in the “make or buy decision”, this paper seeks to identify the characteristics of offshoring firms that make them more or less likely to integrate their activities in a foreign country. Our results show that the real candidates for foreign vertical integration are those firms that have a large share of their inputs provided by headquarters. Firms engaged in foreign vertical integration are more capital and skill-intensive than those exclusively dedicated to foreign outsourcing. The degree of for- eign vertical integration also matters since the most intensively integrated firms are also the most productive. We also demonstrate that international experience and product differentiation favor foreign vertical integration."