| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w24603 |
| 来源ID | Working Paper 24603 |
| Come Together: Firm Boundaries and Delegation | |
| Laura Alfaro; Nicholas Bloom; Paola Conconi; Harald Fadinger; Patrick Legros; Andrew Newman; Raffaella Sadun; John Van Reenen | |
| 发表日期 | 2018-05-14 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | We develop an incomplete-contracts model to jointly study firm boundaries and the al-location of decision rights within them. Integration has an option value: it gives firm owners authority to delegate or centralize decision rights, depending on who can best solve problems that may arise in the course of course of an uncertain production process. To examine the evidence, we construct measures of vertical integration and delegation for thousands of firms in different countries and industries. In line with the model’s pre-dictions, we find that input value and supplier uncertainty play a key role in shaping both integration and delegation choices. |
| 主题 | Microeconomics ; Households and Firms ; Industrial Organization ; Firm Behavior |
| URL | https://www.nber.org/papers/w24603 |
| 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/582277 |
| 推荐引用方式 GB/T 7714 | Laura Alfaro,Nicholas Bloom,Paola Conconi,et al. Come Together: Firm Boundaries and Delegation. 2018. |
| 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 | ||
| w24603.pdf（570KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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