2010 Fiscal Year Final Research Report
Vertical and Horizontal Integrations in Mining Industry:1960-1979
| Project/Area Number |
21730272
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| Research Category |
Grant-in-Aid for Young Scientists (B)
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| Allocation Type | Single-year Grants |
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| Research Field |
Economic history
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| Research Institution | Tohoku University |
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Principal Investigator |
SUGAWARA Ayumu 東北大学, 大学院・経済学研究科, 准教授 (10374886)
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| Project Period (FY) |
2009 – 2010
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| Keywords | 資源産業 / 垂直統合 / 水平統合 / 資源企業 / リオ・ティント社 / 資源国有化 / 多角化 |
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| Research Abstract |
This research focused on the comparison between American companies and a British firm in the mining industry in the 1960s and 70s. The vertical model means an American management style which had both mining and refining sectors and the horizontal model indicates a British style which concentrated on mining sector and diversified minerals. In the 1970s mineral nationalizations in developing countries and stagnation of industrial output in the US caused the decline of the vertical model of the American resource industry. On the other hand the British horizontal model showed high performance by taking advantage of output increase in the Continental Europe and Japan and by being able to avoid burdens on the refinery sector.
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