[Working papers] | [Works in progress]
Working papers
Minerva G.A., Integration versus Outsourcing with Vertical Linkages. Submitted. Draft available upon request.
Abstract: I propose a new mechanism that brings heterogeneity at
equilibrium in organizational forms (vertical integration versus outsourcing) in a given industry,
without necessarily requiring innate productivity differences. To do so, I present a model where final goods producers (irrespective of whether they are vertically integrated with the upstream stage or specialized in the downstream stage only) need a basket of differentiated commodities, in addition to labor, to create the fixed capital needed for production. I then show the existence of an equilibrium populated simultaneously by vertically integrated and non-integrated firms and I study the properties of such an equilibrium. The stable equilibrium is characterized by similar fixed cost requirements for integration and outsourcing.
Works in progress
Minerva G.A., Tourism inequality.
Minerva G.A., Rungi A., Levene B., Corporate vulnerability and ransomware attacks in Europe.
Minerva G.A., Wendiggensen M., Text analysis of EU Parliament speeches.