| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP10626 |
| DP10626 Trade in Tasks and the Organization of Firms | |
| Dalia Marin; Alexander Tarasov; Jan Schymik | |
| 发表日期 | 2015-05-24 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | We incorporate trade in tasks à la Grossman and Rossi-Hansberg (2008) into a small open economy version of the theory of firm organization of Marin and Verdier (2012) to examine how offshoring affects the way firms organize. We show that the offshoring of production tasks leads firms to reorganize with a more decentralized management, improving the competitiveness of the offshoring firms. We show further that the offshoring of managerial tasks relaxes the constraint on managers but toughens competition, and thus has an ambiguous impact on the level of decentralized management and CEO wages of the offshoring firms. In sufficiently open economies, however, managerial offshoring unambiguously leads to more decentralized management and to larger CEO wages. We test the predictions of the model based on original firm level data we designed and collected of 660 Austrian and German multinational firms with 2200 subsidiaries in Eastern Europe. We find that offshoring firms are 33.4% more decentralized than non-offshoring firms. We find further that the average fraction of managers offshored reduces the level of decentralized management by 3.1%, but increases the level of decentralized management by 4% in industries with a level of openness above the 25th percentile of the openness distribution. Lastly, we find that one additional offshored manager lowers CEO wages relative to workers by 4.9%. |
| 主题 | Industrial Organization ; International Trade and Regional Economics |
| 关键词 | The rise of human capital Theory of the firm Multinational firms Ceo pay International trade with endogenous organizations |
| URL | https://cepr.org/publications/dp10626 |
| 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/539458 |
| 推荐引用方式 GB/T 7714 | Dalia Marin,Alexander Tarasov,Jan Schymik. DP10626 Trade in Tasks and the Organization of Firms. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
