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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Are Workers' Enterprises Entry Policies Conventional | |
Michele Moretto; Gianpaolo Rossini | |
发表日期 | 2007 |
出处 | Economy and Society |
出版年 | 2007 |
语种 | 英语 |
摘要 | One of the main reasons why workers' enterprises (WE) still represent a relevant chunk of the economy may lie in some affinities with conventional profit maximizing firms. To prove this, we compare the entry policies of WEs and conventional firms when they can decide size at entry while having to stick to it afterwards. Even though short run differences remain, a long run coincidence appears besides that under certainty. Endogenizing size and time of entry in an uncertain dynamic environment we see that WEs enter at the same trigger and size of conventional firms. Both of them wait less and choose a dimension larger than the minimum efficient scale. This may be another way to explain why WE are still an important share of the economy (Hesse and Cihàk, 2007) despite the ongoing mantra of their imminent demise. |
特色分类 | G13,J54,L3 |
关键词 | Workers' Enterprises,Entry,Uncertainty,Rigidity |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/are-workers-enterprises-entry-policies-conventional/ |
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/117450 |
推荐引用方式 GB/T 7714 | Michele Moretto,Gianpaolo Rossini. Are Workers' Enterprises Entry Policies Conventional. 2007. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
NDL2007-031.pdf(188KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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