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How Wide Is the Firm Border? / Enghin Atalay, Ali Hortaçsu, Mary Jialin Li, Chad Syverson.
- Format:
- Book
- Author/Creator:
- Atalay, Enghin.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w23777.
- NBER working paper series no. w23777
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2017.
- Summary:
- We examine the within- and across-firm shipment decisions of tens of thousands of goods-producing and distributing establishments. This allows us to quantify the normally unobservable forces that determine firm boundaries; which transactions are mediated by ownership control, as opposed to contracts or markets. We find firm boundaries to be an economically significant barrier to trade: having an additional vertically integrated establishment in a given destination zip code has the same effect on shipment volumes as a 40 percent reduction in distance. We then calibrate a multisector trade model to quantify the economy-wide implications of transacting across vs. within firm boundaries.
- Notes:
- Print version record
- September 2017.
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