G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6757
DP6757 The Lifecycle of Regions
David Audretsch; Maryann P Feldman; Oliver Falck; Stephan Heblich
发表日期2008-03-20
出版年2008
语种英语
摘要Corporate organization varies within a country and across countries with country size. The paper starts by establishing some facts about corporate organization based on unique data of 660 Austrian and German corporations. The larger country (Germany) has larger firms with flatter and more decentralized corporate hierarchies compared to the smaller country (Austria). Firms in the larger country change their organization less fast than firms in the smaller country. Over time firms have been introducing less hierarchical organizations by delegating power to lower levels of the corporation. We develop a theory, which explains these facts and which links these features to the trade environment that countries and firms face. We introduce firms with internal hierarchies in a Krugman(1980) cum Melitz and Ottaviano (2007) model of trade. We show that international trade and the toughness of competition in international markets induce a power struggle in firms, which eventually leads to decentralized corporate hierarchies. We offer empirical evidence, which is consistent with the models predictions.
主题Industrial Organization ; International Trade and Regional Economics
关键词Corporate organization in similar countries Empirical test of the theory of the firm Endogenous congruence in the firm International trade with endogenous firm organizations
URLhttps://cepr.org/publications/dp6757
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/535593
推荐引用方式
GB/T 7714
David Audretsch,Maryann P Feldman,Oliver Falck,et al. DP6757 The Lifecycle of Regions. 2008.
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