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Span of control, transaction costs, and the structure of production chains

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dc.contributor.authorKikuchi, Tomoo
dc.contributor.authorNishimura, Kazuo
dc.contributor.authorStachurski, John
dc.date.accessioned2020-01-14T03:06:35Z
dc.date.available2020-01-14T03:06:35Z
dc.date.issued2018-05-29
dc.date.updated2019-11-25T07:19:45Z
dc.description.abstractThis paper builds coordination costs, transaction costs, and other aspects of the theory of the firm into a production chain model with an infinite number of ex ante identical producers. The equilibrium determines prices, allocations of productive tasks across firms, firm sizes, and the number of active firms. These prices and allocations match several stylized facts on firm boundaries, vertical integration, and division of the value chain.en_AU
dc.description.sponsorshipWe received financial support from JSPS Grant-in-Aid for Scientific Research (23000001 and 23330063), Singapore Ministry of Education Academic Research Fund Tier 1 R-122-000-140-112, and ARC Award DP120100321.en_AU
dc.format.mimetypeapplication/pdfen_AU
dc.identifier.issn1555-7561en_AU
dc.identifier.urihttp://hdl.handle.net/1885/197186
dc.language.isoen_AUen_AU
dc.provenanceThis is an open access article under the terms of the Creative Commons Attribution-Non Commercial License.en_AU
dc.publisherJohn Wiley & Sons Incen_AU
dc.relationhttp://purl.org/au-research/grants/arc/DP120100321en_AU
dc.rights© 2018 The Authorsen_AU
dc.rights.licenseCreative Commons Attribution-Non Commercial Licenseen_AU
dc.rights.urihttps://creativecommons.org/licenses/by-nc/4.0/en_AU
dc.sourceTheoretical Economicsen_AU
dc.subjectSpan of controlen_AU
dc.subjectfirm boundariesen_AU
dc.subjectproduction chainsen_AU
dc.subjectfragmentationen_AU
dc.titleSpan of control, transaction costs, and the structure of production chainsen_AU
dc.typeJournal articleen_AU
dcterms.accessRightsOpen Accessen_AU
dcterms.dateAccepted2017-09-08
local.bibliographicCitation.issue2en_AU
local.bibliographicCitation.lastpage760en_AU
local.bibliographicCitation.startpage729en_AU
local.contributor.affiliationKikuchi, Tomoo, National University of Singaporeen_AU
local.contributor.affiliationNishimura, Kazuo, Research Institute of Economics and Business Administrationen_AU
local.contributor.affiliationStachurski, John, College of Business and Economics, ANUen_AU
local.contributor.authoruidStachurski, John, u3915156en_AU
local.description.notesImported from ARIESen_AU
local.identifier.absfor140102 - Macroeconomic Theoryen_AU
local.identifier.absfor140302 - Econometric and Statistical Methodsen_AU
local.identifier.absseo910199 - Macroeconomics not elsewhere classifieden_AU
local.identifier.ariespublicationa383154xPUB10130en_AU
local.identifier.citationvolume13en_AU
local.identifier.doi10.3982/TE2376en_AU
local.identifier.scopusID2-s2.0-85048040645
local.publisher.urlhttps://onlinelibrary.wiley.com/en_AU
local.type.statusPublished Versionen_AU

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