研討日期

2021816日上午10:30~ 12:20

研討地點

國立臺灣大學Webex Meeting

主講題目

Title of the paper

Vertical Integration without Intrafirm Trade

作者

Authors of the paper

Chrysovalantou Milliou

文獻出處

Journal, vol.(issue), pp

Economics Letters 192 (2020) 109180

主講人

林晏如

參加人員

林晏如、Beny Trias Oktora、彭正浩、王佳琪、Damiana SimanjuntakBui Dang-LongDong Van Chung、黃鴻、丁虹仁、施全、Suttiwan 蘇婷、林燕淑、吳世傑、許至乙、郭文忠、陳彥勲

摘要

Abstract of the paper

This paper shows that a vertically integrated firm has incentives to outsource input production to an equally efficient nonintegrated upstream firm that serves its downstream rival. By outsourcing, it raises both its own and its rivals’ cost and generates softer price competition in the final product market. Both the positive implications of vertical integration on the integrated firm’s profits and its negative implications on consumers and welfare are stronger with outsourcing than with the commonly presumed insourcing.