VERTICAL INTEGRATION AND DEVELOPMENT POTENTIAL FOR EUROPEAN UNION
Dragos Huru ()
Theoretical and Applied Economics, 2007, vol. 6(511)(supplement), issue 6(511)(supplement), 291-296
Abstract:
The setting up of EU leads to the changed manner of how firms make choices through the shifts of dimension for competition space and change the way of meaning for national economic development. The possibilities of an increasing marginal profit make that the European firm could choose more often for extern collaboration in production process. Although the process is at the beginning and requires a long time to accomplish, I suggest another vision on the connections in an economic system. The links between macro- economical fields have been transformed into the links between individual economic agents.
Keywords: Vertical integration; concurrency; multinational firm; European integration; European Union. REL Classification: 7, 10H, 20B (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:6(511)(supplement):y:2007:i:6(511)(supplement):p:291-296
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