EconPapers    
Economics at your fingertips  
 

Creative Destruction and Firm Organization Choice

David Thesmar and Mathias Thoenig ()

The Quarterly Journal of Economics, 2000, vol. 115, issue 4, 1201-1237

Abstract: Firms' organizational choices are influenced by external conditions such as the instability of the product market. In order to address this issue in a macroeconomic perspective, we embed the firm's choice of organizational structure in a model of growth through creative destruction, which induces endogenous market volatility. We find that an increasing supply of skill or globalization may increase the rate of creative destruction, the skill premium, and the skilled wages, and it may depress the unskilled wages. We use an original data set to test the empirical relevance of our theory.

Date: 2000
References: Add references at CitEc
Citations: View citations in EconPapers (60) Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1162/003355300555051 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Creative Destruction and Firm Organization Choice (2000)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:qjecon:v:115:y:2000:i:4:p:1201-1237.

Access Statistics for this article

The Quarterly Journal of Economics is currently edited by Robert J. Barro, Elhanan Helpman, Lawrence F. Katz and Andrei Schleifer

More articles in The Quarterly Journal of Economics from Oxford University Press
Bibliographic data for series maintained by Oxford University Press ().

 
Page updated 2019-12-05
Handle: RePEc:oup:qjecon:v:115:y:2000:i:4:p:1201-1237.