摘要(英) |
This paper builds a theoretical model of vertical markets with one upstream and two downstream. Then, discuss whether there will exist vertical integration in different market size with goods of downstream are heterogeneous and production efficiency of downstream are different.
In this paper’s model, we can find some conclusions.(1) If market is too small, the upstream will merge all firms of downstream. (2)If market is small but there are at least one firm of downstream in the market, the upstream will not merge any firm of downstream. (3)If market is normal, the upstream may merges firm with high efficiency of downstream when efficiency of downstream lot worse and product substitution of downstream close. Or, the upstream will not merge any firm of downstream. (4)If market is too large, the upstream will not merge any firm of downstream.
And we have some conclusions by these findings:(1)If efficiency of downstream lot worse and product substitution of downstream is small, then, there are the presence of vertical integration when the market is too small and the more likely the presence of vertical integration when the industrial rising(market is notmal). (2)If efficiency of downstream lot worse and product substitution of downstream close, or if efficiency of downstream close, then, there are the more unlikely the presence of vertical integration when the market increase. |
參考文獻 |
中文文獻
王光正、邱俊榮 (2004), 「垂直相關市場與最適出口貿易政策」,經濟論文,中央研究院經濟研究所,32:2,363-391。(EconLit, TSSCI)
王光正、林俊宏、柯美如(2004),「產品差異下的垂直整合分析」,經濟論文,第32卷,第4期,頁573-603。
林玉娟(2007),「友達與奇美的垂直整合策略」,朝陽商管評論,第六卷,特別刊,1-24。
李家銘(2004),「產品品質差異下之垂直整合分析」,中國文化大學經濟學研究所碩士論文。
陳姵羽(2008)「下游廠商垂直整合與水平整合之比較-上游一家、下游兩家之模型」,東海大學國際貿易研究所碩士論文
英文文獻
Adam Smith (1776),”The Wealth of Nations”
Chang, M. C., Lin, Y. C., and Lin, C. F. (2012),” Comparing Cournot duopoly and monopoly with asymmetric differentiated goods.” Hitotsubashi J Econ 53(2):177–200.
Chang, M. C., Peng, H. P. (2012),” Cournot and Bertrand equilibria compared: a critical review and an extension from the output-structure viewpoint.” Japan Econ Rev 63(4):467–496.
Christensen, C. M., Raynor, M. E. (2003).”The Innovator’s Solution: Creating and Sustaining Successful Growth.” Boston: Harvard Business School Press.
Mathewson, G. F. and R. A. Winter (1983),”Vertical Integration by Contractual Restraints in Spatial Market,” Journal of Business, 56, pp497-517.
Porter, M . E. (1980),“Competitive strategy-techniques for analysis industries and competitors, ”New York: Free Press.
Schmallensee, R. and R. D. Willig (1989),” Handbook of Industrial Organization, Amsterdam,Netherlands: Elsevier Science Publishers Co. Press.”
Spengler, J. (1950), “Vertical Integration and Antitrust Policy,” Journal of Political Economy, 58, 347–352.
Walter Elberfeld (2002), “Market size and vertical integration: Stigler’s hypothesis reconsidered”, The Journal of Industrial Economics, vol.50, pp. 23-42, Mar 2002. |