Access the full text.
Sign up today, get DeepDyve free for 14 days.
Loading next page...
/lp/springer_journal/impact-of-vertical-mergers-on-industry-profitability-an-empirical-KWKH001C7j
References (65)
-
P. O'brien, L. Schertz, L. Daft (1994)
Implications for public policy. -
K. Monteverde, D. J. Teece (1982)
Supplier Switching Costs and Vertical Integration in the Automobile IndustryBell Journal of Economics, 13
-
David Levy (1985)
The Transactions Cost Approach to Vertical Integration: An Empirical ExaminationThe Review of Economics and Statistics, 67
-
H. Kinnucan, R. Nelson (1993)
Vertical Control and the Farm-Retail Price Spread for EGGSApplied Economic Perspectives and Policy, 15
-
R. Gilbert (1992)
Symposium on Compatibility: Incentives and Market StructureJournal of Industrial Economics, 40
-
(1998)
The 1992 Benchmark Input-Output Accounts of the United States -
Banking Consolidation and Correspondent Banking -
P. M. O'Brian (1994)
Food and Agricultural Markets: The Quiet Revolution -
R. Cotterill, C. Iton (1993)
A PIMS analysis of the structure profit relationship in food manufacturing -
M. Porter (1985)
Competitive Advantage -
(1997)
The 1992 Census of Manufacturers (final series) -
B. Klein, R. Crawford, A. Alchian (1978)
Vertical Integration, Appropriable Rents, and the Competitive Contracting ProcessThe Journal of Law and Economics, 21
-
R. D. Buzzell (1983)
Is Vertical Integration Profitable?Harvard Business Review, 62
-
A. Harvey (1991)
The econometric analysis of time series -
Peter Kennedy (2003)
A Guide to Econometrics, 5th Edition, 1
-
R. Maddigan (1981)
The Measurement of Vertical IntegrationThe Review of Economics and Statistics, 63
-
H. W. Kinnucan, R. G. Nelson (1993)
Vertical Control and the Farm-Retail Price Spread for EggsReview of Agricultural Economics, 15
-
D. Reiffen, M. Vita (1995)
Is There New Thinking on Vertical Mergers: A CommentAntitrust Law Journal, 63
-
P. Ghemawat, R. Caves (1986)
Capital Commitment and Profitability: An Empirical Investigation, 38
-
Steve Martinez (2012)
Vertical Coordination in the Pork and Broiler Industries: Implications for Pork and Chicken Products -
M. Perry (1989)
Vertical integration: Determinants and effectsHandbook of Industrial Organization, 1
-
Stephen Nagin (2015)
Antitrust Law: An Economic PerspectiveDepaul Law Review, 27
-
S. Frank, D. Henderson (1992)
Transaction Costs as Determinants of Vertical Coordination in the U.S. Food IndustriesAmerican Journal of Agricultural Economics, 74
-
S. Frank (1990)
The structure and performance of the U.S. food manufacturing industries : measuring and analyzing vertical coordination / -
R. Mighell, L. Jones (1963)
Vertical coordination in agriculture. -
Peter Kennedy (1980)
A Guide to Econometrics -
C. Ward (1997)
Vertical Integration Comparison: Beef, Pork, and Poultry -
D. Greer (1986)
The Organization and Performance of the U.S. Food System -
A. Azzam, Emilio Pagoulatos (1999)
Vertical Relationships: Economic Theory and Empirical Evidence -
M. Greenhut, H. Ohta (1979)
Vertical Integration of Successive OligopolistsThe American Economic Review, 69
-
M. Perry (1989)
Handbook of Industrial Organization, Vol. 1 -
D. Greer (1985)
The Food Manufacturing IndustriesJournal of Economic Issues, 19
-
R. W. Cotterill, C. W. Iton (1993)
Competitive Strategy Analysis in the Food System -
A. Barkema, L. Schertz, L. Daft (1994)
New roles and alliances in the U.S. food system. -
Ian Domowitz, R. Hubbard, Bruce Petersen (1986)
Business Cycles and the Relationship between Concentration and Price-Cost MarginsThe RAND Journal of Economics, 17
-
Irvin Tucker, R. Wilder (1977)
Trends in Vertical Integration in the U.S. Manufacturing SectorJournal of Industrial Economics, 26
-
Kirk Monteverde, D. Teece (2007)
You have printed the following article : Supplier Switching Costs and Vertical Integration in the Automobile Industry -
Seppo Suominen (1992)
Effects of vertical integration on price and volume: An empirical inquiryEmpirica, 19
-
Eric Rosengren, J. Meehan (1994)
Empirical Evidence on Vertical ForeclosureEconomic Inquiry, 32
-
M. Adelman (1955)
Concept and Statistical Measurement of Vertical Integration -
R. Bork (1978)
The Antitrust Paradox -
F. Scherer, David Ross (1971)
Industrial Market Structure and Economic Performance.Journal of Finance, 26
-
J. Macdonald (1985)
Market Exchange or Vertical Integration: An Empirical AnalysisThe Review of Economics and Statistics, 67
-
V. J. Rhodes (1995)
The Industrialization of Hog ProductionReview of Agricultural Economics, 17
-
L. Esposito, F. Esposito (1971)
Foreign Competition and Domestic Industry ProfitabilityThe Review of Economics and Statistics, 53
-
R. L. Mighell, W. S. Hoofnagle (1972)
Contract Production and Vertical Integration in Farming, 1960 and 1970 -
S. Bhuyan, R. Lopez (1998)
What Determines Welfare Losses from Oligopoly Power in the Food and Tobacco Industries?Agricultural and Resource Economics Review, 27
-
G. Galizzi, L. Venturini (1999)
Vertical Relationships and Coordination in the Food System -
R. Caves, Ralph Bradburd (1988)
The empirical determinants of vertical integrationJournal of Economic Behavior and Organization, 9
-
Emilio Pagoulatos, Robert Sorensen (1986)
What determines the elasticity of industry demandInternational Journal of Industrial Organization, 4
-
R. Sexton (2000)
Industrialization and Consolidation in the U.S. Food Sector: Implications for Competition and WelfareAmerican Journal of Agricultural Economics, 82
-
D. Waterman, A. Weiss (1996)
The Effects of Vertical Integration between Pay Cable Networks and Cable Television SystemJournal of Econometrics, 72
-
S. Davies, C. Morris (1995)
A new index of vertical integration: Some estimates for UK manufacturingInternational Journal of Industrial Organization, 13
-
Mark McBride (1987)
Spatial Competition and Vertical Integration; Cement and Concrete Revisited: ReplyThe American Economic Review, 77
-
J. Connor, E. Peterson (1992)
Market-Structure Determinants of National Brand-Private Label Price Differences of Manufactured Food ProductsJournal of Industrial Economics, 45
-
J. Kliebenstein, J. Lawrence (1995)
Contracting and Vertical Coordination in the United States Pork IndustryAmerican Journal of Agricultural Economics, 77
-
O. Williamson (1974)
Economics of Antitrust: Transaction Cost ConsiderationsUniversity of Pennsylvania Law Review, 122
-
M. A. Adelman (1955)
Business Concentration and Price Policy -
D. Waterman, A. Weiss (1996)
The effects of vertical integration between cable television systems and pay cable networksJournal of Econometrics, 72
-
Donald Hay, Derek Morris (1991)
Industrial Economics and Organization: Theory and Evidence -
A. Harvey (1990)
The Econometric Analysis of Time Series - 2nd Edition -
Stephen Martin (1986)
Causes and effects of vertical intergrationApplied Economics, 18
-
M. Katz (1989)
Vertical contractual relationsHandbook of Industrial Organization, 1
-
A. Azzam (1996)
Testing the Monopsony‐Inefficiency Incentive for Backward IntegrationWiley-Blackwell: American Journal of Agricultural Economics
-
V. Rhodes (1995)
The Industrialization of Hog ProductionApplied Economic Perspectives and Policy, 17
- Publisher
- Springer Journals
- Copyright
- Copyright © 2002 by Kluwer Academic Publishers
- Subject
- Economics; Industrial Organization; Microeconomics
- ISSN
- 0889-938X
- eISSN
- 1573-7160
- DOI
- 10.1023/A:1013310929902
- Publisher site
- See Article on Publisher Site
Abstract
Vertical integration has become an important business strategy to respond to the needs of a consumer-driven marketing system. Although one of the perceived benefits of vertical ownership integration is improved profitability of the integrated firm, empirical literature mostly ignores this issue. Using a sample of U.S. food manufacturing industries, this study examines the impact of vertical mergers on profitability. Findings show that vertical mergers negatively impact profits. This may be due to the failure of vertical mergers to create differential advantages, such as cost savings, for the integrated firm.
Journal
Review of Industrial Organization – Springer Journals
Published: Oct 13, 2004