caa a22 4500 386330913 CHVBK 20180307111713.0 cr unu---uuuuu 161130e198906 xx s 000 0 eng 10.1017/S0022050700007993 doi S0022050700007993 pii (NATIONALLICENCE)cambridge-10.1017/S0022050700007993 Explaining Vertical Integration: Lessons from the American Automobile Industry [Elektronische Daten] The early history of the American automobile industry provides fertile hunting grounds for theorists seeking corroboration of various, conflicting theories of vertical integration. An examination of the whole history suggests that no single theory always fits the facts perfectly. A complete explanation must combine specific theories in a way that is attentive to such factors as industry life-cycle, demand, economies of scale, and appropriability. If there is any "general” theory, it lies in the set of "dynamic” transaction-cost approaches rather than in the asset-specificity approach now dominant. Copyright © The Economic History Association 1989 Langlois Richard N. Associate Professor of Economics, University of Connecticut, Storrs, CT 06269-1063. Robertson Paul L. Associate Professor of Economics, University of Connecticut, Storrs, CT 06269-1063. The Journal of Economic History Cambridge University Press 49/2(1989-06), 361-375 0022-0507 49:2<361 1989 49 JEH https://doi.org/10.1017/S0022050700007993 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1017/S0022050700007993 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Langlois Richard N. Associate Professor of Economics, University of Connecticut, Storrs, CT 06269-1063 NATIONALLICENCE 700 1- Robertson Paul L. Associate Professor of Economics, University of Connecticut, Storrs, CT 06269-1063 NATIONALLICENCE 773 0- The Journal of Economic History Cambridge University Press 49/2(1989-06), 361-375 0022-0507 49:2<361 1989 49 JEH CC0 http://creativecommons.org/publicdomain/zero/1.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-cambridge