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| Author: | Dahlstrom, R. Nygaard, A. |
| Title: | Market structure and integration in the Norwegian oil industry |
| Journal: | Omega
1993 : MAR, VOL. 21, p. 199-203 |
| Index terms: | RETAILING MARKETING OIL INDUSTRY NORWAY |
| Language: | eng |
| Abstract: | This study utilizes transaction cost economics (TCE) to assess changes in the level of vertical integration in distribution channels. Utilizing time series data from the Norwegian oil industry, the authors find that small numbers bargaining and frequency are associated with higher levels of integration. The purpose of this analysis is to investigate whether uncertainty, trading partner concentration and frequency affect the degree of integration in distribution channels. The authors utilize TCE to assess relationships between principles and retailers in the Norwegian oil industry. |
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