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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP6354 |
DP6354 Risk, Government and Globalization: International Survey Evidence | |
Kevin O'Rourke; Anna Mayda; Richard Sinnott | |
发表日期 | 2007-06-22 |
出版年 | 2007 |
语种 | 英语 |
摘要 | This paper develops a theory which investigates how firms' choice of corporate organization is affecting firm performance and the nature of competition in international markets. We develop a model in which firms' organisational choices determine heterogeneity across firms in size and productivity in the same industry. We then incorporate these organisational choices in a Krugman cum Melitz and Ottaviano model of international trade. We show that the toughness of competition in a market depends on who - headquarters or middle managers - have power in firms. Furthermore, we propose two new margins of trade adjustments: the monitoring margin and the organizational margin. International trade may or may not lead to an increase in aggregate productivity of an industry depending on which of these margins dominate. Trade may trigger firms to opt for organizations which encourage the creation of new ideas and which are less well adapt to price and cost competition. |
主题 | Industrial Organization ; International Trade and Regional Economics |
关键词 | Firm heterogeneity International trade with endogenous firm organizations Productivity Theory of the firm Trade adjustment |
URL | https://cepr.org/publications/dp6354 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535184 |
推荐引用方式 GB/T 7714 | Kevin O'Rourke,Anna Mayda,Richard Sinnott. DP6354 Risk, Government and Globalization: International Survey Evidence. 2007. |
条目包含的文件 | 条目无相关文件。 |
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