生产效率与市场竞争度:纵向一体化影响因素的研究  

Study on the Determinants of Vertical Integration

作　　者：郑长军[1] 陆盛德[1] 

机构地区：[1]华中科技大学管理学院

出　　处：《管理学报》2005年第6期666-670,共5页Chinese Journal of Management

摘　　要：采用一个简单的模型研究纵向一体化的决定因素,这个模型是GH模型的扩展。研究发现当下游产业(制造商)生产效率较高而上游产业(供应商)生产效率较低时,制造商和供应商更倾向于进行后向一体化。相反,当上游产业生产效率较高而下游产业生产效率较低时,它们更倾向与前向一体化。还发现两企业之间的高相互依赖度促进一体化,中间产品市场的高竞争度抑制一体化。这个结论有一定的普遍性,并与不完全合约理论的观点完全一致。The determinants of vertical integration was studied by a simple model. The model was an extension of GH model. It was found that the relationship between a downstream （producer） industry and an upstream （supplier） industry was likely to be backward vertically integrated when the producing industry was more productive and the supplying industry was less productive, and vice versa. The integration was accelerated when the two enterprises relied on each other deeply and was controlled by the high competitivity of the cross-market. The results were popular and consistent with the incomplete contract theories.

关 键 词：纵向一体化 生产效率 市场竞争度 相互依赖性 关系专用性投资 

分 类 号：F27[经济管理—企业管理]