|Marin, Dalia (January 2012): The Theory of the Firm goes Global. Discussion Papers in Economics 2012-1|
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.
|Item Type:||Paper (Discussion Paper)|
|Eu-FP7 Grant Agreement Number:||217436|
|Keywords:||International Trade and Organizations, Firm heterogeneity, Organizational convergence, Decentralization in the firm, The rise of CEO pay|
Economics > Munich Discussion Papers in Economics
Economics > Chairs > Chair of International Economics
|Subjects:||300 Social sciences > 300 Social sciences, sociology and anthropology|
300 Social sciences > 330 Economics
|JEL Classification:||F23, D21, L22|
|Deposited On:||19. Jan 2012 14:00|
|Last Modified:||07. Nov 2014 10:31|
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