Episode 4: Gianmarco León-Ciliotta on Integrating Vertically to Increase Quality
The Visible Hand - En podkast av Jordi Blanes i Vidal
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Gianmarco Leon-Ciliotta discusses how quality upgrading drives vertical integration. Firms in developing countries want to increase the quality of their exports, but for that, they need higher quality inputs. Integrating their suppliers helps in settings with imperfect contractability.
