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Affiliation, Integration, and Information: Ownership Incentives and Industry Structure

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NBER2001-05-01 更新2025-01-04 收录
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This paper presents theory and evidence on horizontal industry structure, focusing on situations where plant-level scale economies are small and market power is not an issue. At issue is the question: what makes industries necessarily fragmented? The theoretical model distinguishes between the

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2001-05-01
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