全球智库信息集成服务系统(G2TT): Critical Mass Effect and Restructuring in the Transition Towards a Market Economy

G2TT

来源类型	FEEM working papers "Note di lavoro" series
规范类型	论文
	Critical Mass Effect and Restructuring in the Transition Towards a Market Economy
	Carlo Scarpa; Pier Luigi Sacco
发表日期	1998
出处	Economy and Society
出版年	1998
语种	英语
摘要	Restructuring firms in a transition economy produces a sort of network externality, in that the profitability of restructuring depends on the number of firms that already adopted this strategy. We investigate under what conditions a ''critical mass'' exists, i.e. a situation in which such extemality is positive, and restructuring spurs imitation, possibly leading to the eventual transformation of the whole economy. We find a critical mass effect when the main effect of restructuring is an increase in value added (i.e., aggregate demand) rather than an increase in the firm's ability to compete against rival home firms. The critical mass case becomes the typical one when competition spurs firms' efficiency.
URL	https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/critical-mass-effect-and-restructuring-in-the-transition-towards-a-market-economy/
来源智库	Fondazione Eni Enrico Mattei (Italy)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/116361
推荐引用方式 GB/T 7714	Carlo Scarpa,Pier Luigi Sacco. Critical Mass Effect and Restructuring in the Transition Towards a Market Economy. 1998.