The Visible Hand

Episode 4: Gianmarco León-Ciliotta on Integrating Vertically to Increase Quality


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The paper discussed in this episode is: Vertical Integration, Supplier Behavior, and Quality Upgrading among Exporters, by Christopher Hansman, Jonas Hjort, Gianmarco León-Ciliotta, and Matthieu Teachout.

Other papers referenced in this episode are:

Coase, Ronald Harry. "The nature of the firm." Essential readings in economics. Palgrave, London, 1995. 37-54.

Verhoogen, Eric. "Firm-Level Upgrading in Developing Countries.” CDEP-CGEG Working Paper no. 83, March 2020. Under revision for the Journal of Economic Literature.

Holmstrom, B., & Milgrom, P. (1991). Multitask principal-agent analyses: Incentive contracts, asset ownership, and job design. JL Econ. & Org., 7, 24.

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The Visible HandBy Jordi Blanes i Vidal

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