A Theoretical Framework

Fabrizio Traù
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Fabrizio Traù: Research Department of the Confederation of Italian Industries

Chapter 2 in Structural Macroeconomic Change and the Size Pattern of Manufacturing Firms, 2003, pp 29-50 from Palgrave Macmillan

Abstract: Abstract Before approaching the analysis of the structural change of firms’ size pattern in an empirical perspective, we still need to give the whole concern a firmer theoretical grounding. So far, we have simply analysed the fact that — in the face of the observed changes in “institutional” (macroeconomic) conditions — firms have been, ceteris paribus, induced to search for changes in the organization of productive activities, sub specie of a reduction — in relative terms — of internal transactions, and an expansion of market exchanges.

Keywords: Small Firm; Vertical Integration; Market Uncertainty; Internal Transaction; Independent Firm (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-4395-8_3

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DOI: 10.1057/9781403943958_3

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