MASS-PRODUCTION CONQUERS THE POOL - FIRM ORGANIZATION AND THE NATURE OF COMPETITION IN THE 19TH-CENTURY
成果类型：
Article
署名作者：
LEVENSTEIN, M
刊物名称：
JOURNAL OF ECONOMIC HISTORY
ISSN/ISSBN：
0022-0507
DOI：
10.1017/S0022050700041644
发表日期：
1995
页码：
575-611
关键词：
摘要：
This article uses the records of the Dow Chemical Company to analyze the role of distributors in facilitating collusion in the late nineteenth and early twentieth centuries. It compares collusion in three closely related markets: salt, bromine, and bleach. Where national distributors with well-established reputations had facilitated the entry of small producers into integrated markets, distributors could also facilitate collusion. Mass-producing entrants, like Dow, joined collusive distribution arrangements while improving their innovative production processes. In the longer run, they integrated forward to escape the output restrictions and arms-length relationship with customers imposed by collusive agreements.