The Theory of the Firm goes Global

Dalia Marin

Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems from Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich

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.

Date: 2012-01
New Economics Papers: this item is included in nep-hme and nep-int
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Citations: View citations in EconPapers (6)

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Related works:
Working Paper: The Theory of the Firm Goes Global (2013)
Working Paper: The Theory of the Firm goes Global (2012)
Working Paper: The Theory of the Firm goes Global (2012)
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