Double Marginalization and Vertical Integration: New Lessons from Extensions of the Classic Case

1996 ◽  
Vol 62 (3) ◽  
pp. 567 ◽  
Author(s):  
James L. Hamilton ◽  
Ibrahim Mqasqas
2015 ◽  
Vol 7 (2) ◽  
pp. 162-191 ◽  
Author(s):  
Ricard Gil

I empirically examine the impact of the 1948 Paramount antitrust case on ticket prices using a unique dataset collected from Variety magazine issues between 1945 and 1955. With information on prices, revenues, and theater ownership for an unbalanced panel of 393 theaters in 26 cities, I find that vertically integrated theaters charged lower prices and sold more admission tickets than nonintegrated theaters. I also find that the rate at which prices increased in theaters was slower while integrated than after vertical divestiture. These findings together with institutional details are consistent with the prediction that vertical integration lowers prices through the elimination of double marginalization. (JEL G34, K21, L11, L22, L42, L82)


2021 ◽  
Author(s):  
Philippe Choné ◽  
Laurent Linnemer ◽  
Thibaud Vergé

2020 ◽  
pp. 105-116
Author(s):  
N. I. Shagaida

The article clarifies the concept of “agricultural holding”, using an approach to assessing the size on the basis of the total revenue of all agricultural organizations within the agricultural holding. It has been revealed that only 100 of the total number of agricultural holdings that were identified can be attributed to large business entities. They comprise about 3% of agricultural organizations in the country, while their share in the proceeds is about 37%. A large share of agricultural holdings — large business subjects under the control of Russian entities operate in one, and under the control of foreign legal entities — in three or more regions of the Russian Federation. Vertical integration within the framework of large agricultural holdings with different schemes for including the stages of processing and sale of products produced in their agricultural organizations allows them to receive advantages. Strengthening the role of large business entities in agriculture puts on the agenda the issue of differentiating approaches to taxation and state support in agriculture, depending on the size of the companies’ agricultural businesses.


2010 ◽  
Vol E93-C (8) ◽  
pp. 1309-1314
Author(s):  
Werner PROST ◽  
Dudu ZHANG ◽  
Benjamin MÜNSTERMANN ◽  
Tobias FELDENGUT ◽  
Ralf GEITMANN ◽  
...  

2020 ◽  
pp. 57-62
Author(s):  
Vladimir Ivanovich Hajduk ◽  
Anna Viktorovna Kondrashova ◽  
Maja G. Paremuzova

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