| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w25659 |
| 来源ID | Working Paper 25659 |
| Flexible Production and Entry: Institutional, Technological, and Organizational Determinants | |
| Sharon Belenzon; Victor Manuel Bennett; Andrea Patacconi | |
| 发表日期 | 2019-03-18 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | Academics, the media, and policymakers have all raised concerns about the implications of human workers being replaced by machines or software. Few have discussed the implications of the reverse: firms’ ability to replace capital with workers. We show that this flexibility can help new firms overcome uncertainty and increase entrepreneurial entry. We develop a simple real options model where permissive labor regulations allow firms to take advantage of capital-labor substitutability by replacing ‘rigid’ capital with ‘flexible’ labor. The model highlights institutional, technological, and organizational preconditions to using this flexibility. Using a large and comprehensive dataset on entry by standalone firms and group affiliates, we provide evidence in support of the model. |
| 主题 | Other ; Law and Economics ; Industrial Organization ; Firm Behavior |
| URL | https://www.nber.org/papers/w25659 |
| 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/583333 |
| 推荐引用方式 GB/T 7714 | Sharon Belenzon,Victor Manuel Bennett,Andrea Patacconi. Flexible Production and Entry: Institutional, Technological, and Organizational Determinants. 2019. |
| 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 | ||
| w25659.pdf（1304KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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