| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13837 |
| DP13837 Firm organization with multiple establishments | |
| Anna Gumpert; Henrike Steimer; Manfred Antoni | |
| 发表日期 | 2019-07-03 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | How do geographic frictions affect firm organization? We show theoretically and empirically that geographic frictions increase the use of middle managers in multi-establishment firms. In our model, we assume that a CEO's time is a resource in limited supply, shared across headquarters and establishments. Geographic frictions increase the costs of accessing the CEO. Hiring middle managers at one establishment substitutes for CEO time, which is reallocated across all establishments. Consequently, geographic frictions between the headquarters and one establishment affect the organization of all establishments of a firm. Our model is consistent with novel facts about multi-establishment firm organization that we document using administrative data from Germany. We exploit the opening of high-speed train routes to show that not only the establishments directly affected by faster travel times but also the other establishments of the firm adjust their organization. Our findings imply that local conditions propagate across space through firm organization. |
| 主题 | Industrial Organization |
| 关键词 | Firm organization Multi-establishment firm Knowledge hierarchy Geography |
| URL | https://cepr.org/publications/dp13837 |
| 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/542712 |
| 推荐引用方式 GB/T 7714 | Anna Gumpert,Henrike Steimer,Manfred Antoni. DP13837 Firm organization with multiple establishments. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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