| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w10432 |
| 来源ID | Working Paper 10432 |
| Hierarchies, Specialization, and the Utilization of Knowledge: Theory and Evidence from the Legal Services Industry | |
| Luis Garicano; Thomas N. Hubbard | |
| 发表日期 | 2004-04-19 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | What role do hierarchies play with respect to the organization of production and what determines their structure? We develop an equilibrium model of hierarchical organization, then provide empirical evidence using confidential data on thousands of law offices from the 1992 Census of Services. The driving force in the model is increasing returns in the utilization of acquired knowledge. We show how the equilibrium assignment of individuals to hierarchical positions varies with the degree to which their human capital is field-specialized, then show how this equilibrium changes with the extent of the market. We find empirical evidence consistent with a central proposition of the model: the share of lawyers that work in hierarchies and the ratio of associates to partners increases as market size increases and lawyers field-specialize. Other results provide evidence against alternative interpretations that emphasize unobserved differences in the distribution of demand or 'firm size effects,' and lend additional support to the view that a role hierarchies play in legal services is to help exploit increasing returns associated with the utilization of human capital. |
| 主题 | Microeconomics ; Households and Firms ; Other ; Law and Economics |
| URL | https://www.nber.org/papers/w10432 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/568061 |
| 推荐引用方式 GB/T 7714 | Luis Garicano,Thomas N. Hubbard. Hierarchies, Specialization, and the Utilization of Knowledge: Theory and Evidence from the Legal Services Industry. 2004. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w10432.pdf（449KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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