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The Economics of Vertical Disintegration

D. G. McFetridgeDouglas A. Smith

出版	Fraser Institute, 1988
主題	Business & Economics / Economics / General
ISBN	088975134X9780889751347
URL	http://books.google.com.hk/books?id=-1sfAQAAIAAJ&hl=&source=gbs_api

註釋

From the back cover: The fundamental question addressed by this study is the extent to which service functions formerly performed within industrial firms have been contracted out. If the service sector has grown primarily because manufacturing and other industries have contracted out janitorial, security and other business services, then there in not much economic significance to service sector growth. This also implies that observed declines in manufacturing employment may also represent nothing more than inter-sectoral shifts in the location of employment. This study breaks new ground in developing a series of statistical approaches to the measurement of contracting out. Based on a solid theoretical framework, three new empirical measures of contracting out are presented. The results vary somewhat by method but the overall conclusion is that contracting out is an important phenomenon.