Supplier relations and the market context: A theory of handshakes

Journal of International Economics

Volumn 48, Issue 1, 1999, Pages 121-138

  McLaren, John ^a  

^a Columbia Univ 420 W 118Th S ^*  (United States)

Author keywords

Cooperative innovation; Japan US comparisons; Outsourcing

Indexed keywords

COMPARATIVE STUDY; INDUSTRIAL PRACTICE; THEORETICAL STUDY;

JAPAN; UNITED STATES;

EID: 0033150694     PISSN: 00221996     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0022-1996(98)00037-3     Document Type: Article

References (29)

1. Aoki, M., 1988. Information, Incentives, and Bargaining in the Japanese Economy. Cambridge University Press, Cambridge, UK.
2. Asanuma B. The organization of parts purchases in the Japanese automotive industry. Japanese Economic Studies., 13:1985;32-53.
3. Asanuma B. The contractual framework for parts supply in the Japanese automotive industry. Japanese Economic Studies. 13:1985;54-78.
4. Bamford J. Driving America to tiers. Financial World. 163:1994;24-27.
5. Clark K.B. Project scope and project performance: The effect of parts strategy and supplier involvement on product development. Management Science. 35:1989;1247-1263.
6. Cusumano M.A., Takeishi A. Supplier relations and management: A survey of Japanese, Japanese-transplant, and US auto plants. Strategic Management Journal. 12:1991;563-588.
7. Dyer J.H. How Chrysler created an American keiretsu. Harvard Business Review. 74(July-August):1996;42-56.
8. Economist, 1991. Manufacturing - the ins and outs of outing. 320: 7722 (August 31) 54, 56.
9. Granovetter M. Economic action and social structure: The problem of embeddedness. American Journal of Sociology. 91:1985;481-510.
10. Grossman S.J., Hart O.D. The costs and benefits of ownership: A theory of vertical and lateral integration. Journal of Political Economy. 94:1986;692-719.
11. Hart O., Moore J. Property rights and the nature of the firm. Journal of Political Economy. 98:1990;1119-1158.
12. Helper S. How much has really changed between U.S. automakers and their suppliers? Sloan Management Review. 32:1991;15-28.
13. Holmstrom B. Moral hazard in teams Bell. Journal of Economics. 13:1982;324-340.
14. Hutcheson P., Pearson A.W., Ball D.F. Sources of technical innovation in the network of companies providing chemical process plant and equipment. Research Policy. 25:1996;25-41.
15. Johnston R., Lawrence P.R. Beyond vertical integration - the rise of the value-adding partnership. Harvard Business Review. 88:1988;94-101.
16. Kawasaki S., McMillan J. The design of contracts: Evidence from Japanese subcontracting. Journal of the Japanese and International Economies. 1:1987;327-349.
17. Laffont J.-J., Tirole J. Using cost observation to regulate firms. Journal of Political Economy. 94:1986;614-641.
18. Liker J.K., Kamath R.R., Wasti S.N., Nagamachi M. Supplier involvement in automotive component design: Are there really large US-Japan differences? Research Policy. 25:1996;59-89.
19. Macaulay, S., 1963. Noncontractual relations in business: A preliminary study. American Sociological Review 28, 55-67. Reprinted in Goldberg, V. (Ed.), 1989, Readings in the economics of contract law. Cambridge University Press, Cambridge.
20. MacLeod W.B., Malcomson J. Investments, holdup, and the form of market contracts. American Economic Review. 83:1993;811-837.
21. Maynard, M., 1996. Study: Outsourcing gives edge. USA Today, June 25, 1996, p. B2.
22. McLaren, J., 1996. "Globalization" and vertical structure. Columbia University Department of Economics Working Paper no. 9596-24 (July).
23. McLaren, J., 1997. Supplier relations and the market context: A theory of handshakes. Columbia University Department of Economics Discussion Paper no. 9697-10 (January); and Yale University Economic Growth Center Discussion Paper no. 766.
24. McMillan, J., 1995. Reorganizing vertical supply relationships. In: Siebert, H. (Ed.), Trends in business organization: Do participation and cooperation increase competitiveness? J.C.B. Mohr, Tübingen, pp. 203-222.
25. Nishiguchi, T., 1994. Strategic Industrial Sourcing: The Japanese Advantage. Oxford University Press, New York.
26. Nöldeke G., Schmidt K.M. Option contracts and renegotiation: A solution to the hold-up problem. The RAND Journal of Economics. 26:1995;163-179.
27. Perry, M.K., 1989. Vertical integration. In: Schmalensee, R., Willig, R. (Ed.), Handbook of industrial organization. North-Holland, New York, pp. 135-182.
28. Pirrong S.C. Contracting practices in bulk shipping markets: A transactions cost explanation. Journal of Law and Economics. 36:1993;937-976.
29. Williamson O. The vertical integration of production: Market failure considerations. American Economic Review. 61:1971;112-123.