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Vertical Integration, Technological Production Chain, Opportunistic Behavior and the Economic Growth A.Yu. Knobels Examined the determinants of vertical integration and its influences on the economic growth. Proposed the game-oriented model of interaction of the producers of the intermediate and final products. It is proved that the quality of institutes reduces the probability of vertical integration; while the productivity of the participants of the vertical integration influences differently on the probability rate the more the technological connectedness and the higher the costs of opportunistic behavior, the higher the probability of the vertical integration. Different stages of vertical integration differently influence the rate of economic growth.

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