Difference between revisions of "Baker Hubbard (2003) - Make Vs Buy In Trucking"

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Latest revision as of 19:14, 29 September 2020

Article
Has bibtex key
Has article title Make Vs Buy In Trucking
Has author Baker Hubbard
Has year 2003
In journal
In volume
In number
Has pages
Has publisher
© edegan.com, 2016

Reference(s)

Baker, George, and Thomas N. Hubbard (2003), "Make Vs. Buy in Trucking: Asset Ownership, Job Design, and Information", American Economic Review, pp. 551-572. pdf

Abstract

Explaining patterns of asset ownership is a central goal of both organizational economics and industrial organization. We develop a model of asset ownership in trucking, which we test by examining how the adoption of different classes of on-board computers (OBCs) between 1987 and 1997 influenced whether shippers use their own trucks for hauls or contract with for-hire carriers. We find that OBCs' incentive-improving features pushed hauls toward private carriage, but their re- source-allocation-improving features pushed them toward for-hire carriage. We con- clude that ownership patterns in trucking reflect the importance of both incomplete contracts and of job design and measurement issues.