Determinants of Firm Boundaries: Empirical Analysis of the Japanese Auto Industry from 1984 to 2002
Nagaoka, Sadao:Akira Takeishi:Yoshihisa Noro
NBER Working Paper No. 13063 ( http://www.nber.org/papers/w13063 ) (2007/04)
We have assessed the determinants of the choice of integration, relational contracting (keiretsu sourcing) and market sourcing by seven Japanese automobile manufacturers (OEMs) with respect to 54 components in light of contract economics. Our major findings are the following. First, the specificity and interdependency of a component si…
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