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Déterminants du choix d’intégration et de désintégration verticale des entreprises

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  • Yvan Dufeu

    (Université de Bretagne Occidentale)

Abstract

(VF)Cet article présente une analyse des déterminants des stratégies d’intégration et de désintégration verticale sur un échantillon de 200 entreprises industrielles résidant en France. À partir de l’exploitation de réponses à un questionnaire, l’estimation d’un modèle probit bivarié met en évidence deux résultats principaux : d’abord, la spécificité des actifs impliqués dans la relation influence significativement le choix d’organisation verticale ; ensuite, ce choix est lié à la phase du cycle de vie de l’industrie à laquelle appartient le secteur d’activité considéré, et ce conformément à la prévision de Stigler (1951).(VA)This paper provides an empirical analysis of the determinants of vertical integration and vertical disintegration strategies for a group of 200 manufacturing firms located in France. Using data obtained from a survey, we estimate a bivariate probit model and find two main results:firstly, asset specificity helps to explain vertical integration, while asset standardization helps to explain vertical disintegration;secondly, strategic choice is directly related to the stage of the industry life cycle, the relation being correctly predicted by Stigler (1951).

Suggested Citation

  • Yvan Dufeu, 2008. "Déterminants du choix d’intégration et de désintégration verticale des entreprises," Revue Finance Contrôle Stratégie, revues.org, vol. 11(1), pages 131-154, March.
    • Handle: RePEc:dij:revfcs:v:11:y:2008:i:q1:p:131-154
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    References listed on IDEAS

    as
    1. Ivan Dufeu, 2004. "Market Size and Vertical Equilibrium in the Context of Successive Cournot Oligopolies," Post-Print hal-00581571, HAL.
    2. Oliver E. Williamson & Scott E Masten (ed.), . "The Economics of Transaction Costs," Books, Edward Elgar Publishing, number 1652.
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    7. Ivan Dufeu, 2004. "Market Size and Vertical Equilibrium in the Context of Successive Cournot Oligopolies," Working Papers hal-00581571, HAL.
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    More about this item

    Keywords

    intégration verticale; désintégration verticale; cycle de vie; spécificité des actifs; vertical integration; vertical disintegration; life cycle; asset specificity.;
    All these keywords.

    JEL classification:

    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure

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