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Déterminants du choix d’intégration et de désintégration verticale des entreprises

Author

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  • Ivan Dufeu

    (LEMNA - Laboratoire d'économie et de management de Nantes Atlantique - IEMN-IAE Nantes - Institut d'Économie et de Management de Nantes - Institut d'Administration des Entreprises - Nantes - UN - Université de Nantes, GRANEM - Groupe de Recherche Angevin en Economie et Management - UA - Université d'Angers - AGROCAMPUS OUEST - Institut National de l'Horticulture et du Paysage)

Abstract

This paper provides an empirical analysis of the determinants of vertical integration and vertical disintegration strategies for a group of 200 manufacturing firms located in France. Using data obtained from a survey, we estimate a bivariate probit model and find two main results :firstly, asset specificity helps to explain vertical integration, while asset standardization helps to explain vertical disintegration ; secondly, strategicchoice is directly related to the stage of the industry life cycle, the relation being correctly predicted by Stigler (1951).

Suggested Citation

  • Ivan Dufeu, 2008. "Déterminants du choix d’intégration et de désintégration verticale des entreprises," Post-Print hal-02815119, HAL.
    • Handle: RePEc:hal:journl:hal-02815119
    Note: View the original document on HAL open archive server: https://univ-angers.hal.science/hal-02815119
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    References listed on IDEAS

    as
    1. Ivan Dufeu, 2004. "Market Size and Vertical Equilibrium in the Context of Successive Cournot Oligopolies," Post-Print hal-00581571, HAL.
    2. Gareth R. Jones & Charles W. L. Hill, 1988. "Transaction cost analysis of strategy‐structure choice," Strategic Management Journal, Wiley Blackwell, vol. 9(2), pages 159-172, March.
    3. Dufeu Ivan, 2004. "Market Size and Vertical Equilibrium in the Context of Successive Cournot Oligopolies," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 4(1), pages 1-18, April.
    4. Norio Tokumaru, 2003. "The Division of Labor is Limited by the Extent of the Market? The Counter-case of the Okayama Farm-engine Industrial District in Japan," Industry and Innovation, Taylor & Francis Journals, vol. 10(2), pages 145-158.
    5. Ivan Dufeu, 2004. "Market Size and Vertical Equilibrium in the Context of Successive Cournot Oligopolies," Working Papers hal-00581571, HAL.
    6. Gonzalez-Diaz, Manuel & Arrunada, Benito & Fernandez, Alberto, 2000. "Causes of subcontracting: evidence from panel data on construction firms," Journal of Economic Behavior & Organization, Elsevier, vol. 42(2), pages 167-187, June.
    7. Ivan Dufeu, 2004. "Market size and vertical equilibrium in the context of successive Cournot oligopolies," Post-Print halshs-00068322, HAL.
    8. George J. Stigler, 1951. "The Division of Labor is Limited by the Extent of the Market," Journal of Political Economy, University of Chicago Press, vol. 59(3), pages 185-185.
    9. Ivan Dufeu, 2004. "Market Size and Vertical Equilibrium in the Context of Successive Cournot Oligopolies [Taille du marché et équilibre vertical dans un contexte d'oligopoles successifs de Cournot]," Post-Print hal-02816481, HAL.
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