Version 2 2022-09-29, 13:18Version 2 2022-09-29, 13:18
Version 1 2021-05-21, 16:17Version 1 2021-05-21, 16:17
online resource
posted on 2022-09-29, 13:18authored byYutian Chen, Debapriya Sen
Economies
of scale in upstream production can lead both disintegrated downstream firm as well as its vertically integrated rival to outsource
offshore for intermediate goods, even if offshore production has moderate
cost disadvantage compared to in-house production of
the vertically integrated firm.