G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6354
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
URLhttps://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.
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