Creative Destruction and Firm Organization Choice
Creative Destruction and Firm Organization Choice
复制标题
创造性破坏和坚定的组织选择
DOI:
10.1162/003355300555051
复制
发表时间:
2000
影响因子:
13.7
通讯作者:
Mathias Thoenig
中科院分区:
文献类型:
--
作者:
D. Thesmar;Mathias Thoenig
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.