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文章基本信息

  • 标题:Managerial Incentives and the International Organization of Production
  • 作者:Gene M. Grossman ; Elhanan Helpman
  • 期刊名称:HIER Discussion Paper Series / Harvard Institute of Economic Research
  • 出版年度:2002
  • 卷号:2002
  • 出版社:Harvard Institute of Economic Research
  • 摘要:We develop a model in which the heterogeneous firms in an industry choose their modes of organization and the location of their subsidiaries or suppliers. We assume that the principals of a firm are constrained in the nature of the contracts they can write with suppliers or employees. Our main result concerns the sorting of firms with different productivity levels into different organizational forms. We use the model to examine the implications of falling trade costs for the relevant prevalence of outsourcing and foreign direct investment.
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