Publication: Vertical integration in the U.S. Paper industry
Issued Date
2012-03-01
Resource Type
ISSN
1450202X
1450216X
1450216X
Other identifier(s)
2-s2.0-84859394772
Rights
Mahidol University
Rights Holder(s)
SCOPUS
Bibliographic Citation
European Journal of Scientific Research. Vol.73, No.3 (2012), 291-295
Suggested Citation
Pandej Chintrakarn, Paan Jindapon Vertical integration in the U.S. Paper industry. European Journal of Scientific Research. Vol.73, No.3 (2012), 291-295. Retrieved from: https://repository.li.mahidol.ac.th/handle/20.500.14594/13491
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Title
Vertical integration in the U.S. Paper industry
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Abstract
This study finds an evidence of the effect of transaction costs on vertical integration. Based on data on paper mill capacity in 11 states in 1982 and 1992, transaction costs have a positive effect on vertical integration if the resources for producing pulp are relatively limited, and the effect is smaller as the resources increase. These results are consistent in both OLS and logit estimation in which continuous measure and discrete measure of vertical integration are used as dependent variables, respectively. © 2012 EuroJournals Publishing, Inc.