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The Firm as a Pool ...
The Firm as a Pool of Factor Complementarities
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- Lindbeck, Assar (författare)
- Stockholms universitet,Institutet för internationell ekonomi
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- Snower, Dennis J. (författare)
- Birkbeck College, University of London
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(creator_code:org_t)
- Stockholm : IIES, 2003
- Engelska 17 s.
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Serie: Seminar Paper / Institute for International Economic Studies, Stockholm University. (Online), 1653-610X ; 725
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Abstract
Ämnesord
Stäng
- This paper presents a new approach to the theory of the firm by identifying factor complementarities as central to the determination of the firm’s boundaries. The factor complementarities may take a variety of forms: technological and informational complementarities, as well as economies of scale and scope. We examine the tradeoff between the gains from these complementarities and transactions costs. In so doing, we must abandon the standard dichotomy between the determinants of plant size and firm size. The influence of factor complementarities on firm size is examined in partial and general equilibrium frameworks.
Ämnesord
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Nyckelord
- Economics
- Nationalekonomi
Publikations- och innehållstyp
- vet (ämneskategori)
- rap (ämneskategori)