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Vertical Integration and Efficiency: Ownership in the Swedish Sawmill Industry

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  • Jonas Månsson

Abstract

This study investigates different types of vertically integrated ownership types in relation to technical efficiency, in the Swedish sawmill industry. The theoretical findings connecting vertical integration and efficiency points in two directions: both in favour for non-integrated firms and in favour for fully integrated firms. In the study, significant differences between ownership types are not found. One possible interpretation of this result is that the integration advantages outweigh the possible negative effects an integrated firms will have from maximising an integrated objective function.

Suggested Citation

  • Jonas Månsson, 2004. "Vertical Integration and Efficiency: Ownership in the Swedish Sawmill Industry," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 24(1), pages 25-36, February.
  • Handle: RePEc:kap:revind:v:24:y:2004:i:1:p:25-36
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    Cited by:

    1. Assaf, A. George & Barros, Carlos & Sellers-Rubio, Ricardo, 2011. "Efficiency determinants in retail stores: a Bayesian framework," Omega, Elsevier, vol. 39(3), pages 283-292, June.
    2. Manoranjan Pattanayak Author- Workplace-Name: CRISIL LIMITED & Manoj Pant, "undated". "Corporate Governance, Competition and Firm Performance: Evidence from India," Centre for International Trade and Development, Jawaharlal Nehru University, New Delhi Discussion Papers 10-07, Centre for International Trade and Development, Jawaharlal Nehru University, New Delhi, India.

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