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The Theory of the Firm Goes Global

Dalia Marin

No 4509, CESifo Working Paper Series from CESifo

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.

JEL-codes: D23 F12 F14 L22 (search for similar items in EconPapers)
Date: 2013
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Working Paper: The Theory of the Firm goes Global (2012) Downloads
Working Paper: The Theory of the Firm goes Global (2012) Downloads
Working Paper: The Theory of the Firm goes Global (2012) Downloads
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