The Meaning of "Upstream" and "Downstream" and the Implications for Modeling Vertical Mergers

Michael Salinger

Journal of Industrial Economics, 1989, vol. 37, issue 4, 373-87

Abstract: This paper discusses alternative definitions of the terms "upstream" and "downstream," and shows how each can be represented within a single model of complementary oligopoly. The different definitions have strikingly different implications for the effect of vertical mergers. While the correct definition is not obvious, the model implies an observable condition that determines the competitive effect of a vertical merger. This condition can be a guide to empirical studies of vertical mergers and integration. Copyright 1989 by Blackwell Publishing Ltd.

Date: 1989
References: Add references at CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
http://links.jstor.org/sici?sici=0022-1821%2819890 ... 0.CO%3B2-B&origin=bc full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:jindec:v:37:y:1989:i:4:p:373-87

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0022-1821

Access Statistics for this article

Journal of Industrial Economics is currently edited by Pierre Regibeau, Yeon-Koo Che, Kenneth Corts, Thomas Hubbard, Patrick Legros and Frank Verboven

More articles in Journal of Industrial Economics from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().