The Measurement of Relatedness: An Application to Corporate Diversification

By Joseph P. H. Fan, Larry H. P. Lang. 2000

532 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/43f5dbf66014908a0bd3d254816411baad54d047

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Citations in the corpus

Corporate Acquisitions, Diversification, and the Firm's Life Cycle: Corporate Acquisitions, Diversification, and the Firm's Life Cycle (2012, unknown): “An alternative approach left for further research would be to identify vertical integration using the input-output tables (Fan and Lang (2000), Matsusaka (1993), and Ozbas and Scharfstein (2011)).”
How Does Corporate Investment Respond to Increased Entry Threat (2015, unknown): “To make sure that treated and matched firms truly are from unrelated industries, we have also used the 1992 input-output tables from the Bureau of Economic Analysis and computed interindustry relatedness following Fan and Lang (2000).”
Beating Competitors to International Markets: The Value of Geographically Balanced Networks for Innovation (2014, background): “Local network collaboration can foremost help build the so-called ‘competitive currencies’ for technologybased ventures to access more rapidly foreign markets. In their study of small Argentine firms in the furniture industry, Mesquita and Lazzarini (2008) demonstrated that local collaboration creat”
Growth, Diversification, and Business Group Formation in Entrepreneurial Firms (2005, background): “Indeed, for each group the growth process from the setting up of the initial business to the present day has been analysed, through the collection of quantitative and qualitative information from several sources, including direct interviews with some of the entrepreneurs.”
Does product market competition foster corporate social responsibility? Evidence from trade liberalization (2015, methodology): “To measure relatedness across industries, I use the 1992 input-output matrix of the Bureau of Economic Analysis and compute interindustry relatedness following the procedure in Fan and Lang (2000).”
Operational Slack and Venture Survival (2013, background): “Therefore: Hypothesis 3 (H3): Environmental complexity moderates the relationship between operational slack and venture failure, such that with increasing operational slack at higher levels of environmental complexity the likelihood of venture failure is reduced.”
Do Prices Determine Vertical Integration (2016, unknown): “In this paper, we focus on vertical integration, which we can measure using information available in our dataset on the primary and secondary activities of each firm and applying the methodology developed by Fan and Lang (2000).”
What's My Line? A Comparison of Industry Classification Schemes for Capital Market Research (2003, background): “Fan and Lang (2000) use commodity flow data from input-output (IO) tables to construct alternative measures of economic relatedness.”
Corporate Capital Structure and the Characteristics of Suppliers and Customers (2007, unknown): “Given that the Use table is constructed based on the IO six-digit coding system, we use the IO-SIC codes conversion table employed by Fan and Lang (2000) to identify the firm’s IO code.”
Bargaining power and industry dependence in mergers (2012, methodology): “In prior research that uses the BEA IO industry codes, Fan and Lang (2000) and Acemoglu, Johnson, and Mitton (2009) exclude firms in the retail and wholesale industries because they are more broadly defined than most IO industry codes.”