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Modeling the development of vertically integrated companies. (English. Russian original) Zbl 1052.91523
Autom. Remote Control 60, No. 11, Part 2, 1622-1633 (1999); translation from Avtom. Telemekh. 1999, No. 11, 123-137 (1999).
From the introduction: A vertically integrated company (VIC) comprises all major stages of the production of a final product (resource): from the exploration and extraction of mineral resources to the production and marketing of final products. Vertically integrated companies (public or private) that produce a similar product (resource) constitute an industry complex (energy and oil sectors of the economy, mineral resources and agroindustry complexes, etc.). These sectors of the economy influence to a great extent the social and economic development of a country or region.
The object of this paper is to analyze the major stages of modeling the devleopment of VICs, their potentialities, and limitations.
91B38 Production theory, theory of the firm