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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP6757 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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