Intraindustry Structure, Integration Strategies, and Petroleum Firm Performance

摘要

This study covers patterns of integration of firms and the competitive power which they confer. Development of an industrial organization model applicable to various industries and significant to small business is included. The hypothesis to be tested is that integrated firms have structural opportunities which nonintegrated firms do not share. Using econometric techniques, the fit of this hypothesis to the U.S. petroleum industry will be tested.