The Theory of the Firm goes Global

Marin, Dalia (Januar 2012): The Theory of the Firm goes Global. Münchener Wirtschaftswissenschaftliche Beiträge (VWL) 2012-1

Abstract

What insights can be gained from bringing the theory of the firm to the global economy? I discuss several new features of the world economy that can be explained by incorporating the theory of the firm into the theory of international trade. Among the new features I discuss are the move to flatter corporate hierarchies and the decentralization of authority in firms, the “war for talent”, the rise of CEO pay in rich countries, organizational convergence across countries, and firm heterogeneity.

• Dokumententyp: Paper
• EU Funded Grant Agreement Number: 217436
• EU-Projekte: 7. Forschungsrahmenprogramm (FP7)
• Keywords: International Trade and Organizations, Firm heterogeneity, Organizational convergence, Decentralization in the firm, The rise of CEO pay
• Fakultät: Volkswirtschaft ; Volkswirtschaft > Munich Discussion Papers in Economics ; Volkswirtschaft > Lehrstühle > Seminar für Internationale Wirtschaftsbeziehungen
• Themengebiete: 300 Sozialwissenschaften > 300 Sozialwissenschaft, Soziologie ; 300 Sozialwissenschaften > 330 Wirtschaft
• JEL Classification: F23, D21, L22
• Sprache: Englisch

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