Vertical Integration and Economic Growth: An Empirical Study

Alexander Knobel

Journal of the New Economic Association, 2009, issue 3-4, 54-70

Abstract: The paper is devoted to an empirical study of determinants of vertical integration and their influence on economic growth. We verified the following hypotheses: higher quality of institutions reduces probability of vertical integration; productivity levels of participants in vertical integration influence on its probability in different ways; higher import quota of an economy helps reducing the degree of vertical integration; the degree of vertical integration in an economy influence on economic growth in different ways depending on the stage of economic development.

Keywords: Vertical integration; economic growth; institutional development (search for similar items in EconPapers)
JEL-codes: L22 O17 O33 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:nea:journl:y:2009:i:3-4:p:54-70

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