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Vertical integration |
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Vertical integrationProduction of different stages of processing of a product within the same firm.Similar MatchesDisintegrationDisintegrationAnother term for fragmentation. Used by Feenstra (1998). Economies of vertical integrationEconomies of vertical integrationProduced by achieving lower operating costs by owning all components of production and sometimes sales outlets rather than contracting for companies in the outside marketplace. Economic integrationEconomic integrationSee integration. Shallow integrationShallow integrationReduction or elimination of tariffs, quotas, and other barriers to trade in goods at the border, such as trade-limiting customs procedures. Contrasts with deep integration. Backward integrationBackward integrationAcquisition by a firm of its suppliers. Further SuggestionsIntegrationTrade integration Forward integration Horizontal integration Deep integration |
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