Modeling and measuring organization capital

Modeling and measuring organization capital
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DOI:
10.1086/431289
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发表时间:
2005-10-01
影响因子:
8.2
通讯作者:
Kehoe, PJ
Kehoe, PJ
中科院分区:
经济学1区
文献类型:
--
作者:
Atkeson, A;Kehoe, PJ

文献摘要

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制造工厂有一个明确的生命周期:它们出生时很小,随着年龄的增长而大幅增长,最终死亡。经济学家长期以来一直认为,这种生命周期是由组织资本驱动的,即植物特定知识的积累。工厂在生命周期中的位置决定了工厂所有者从组织资本中获得的付款或组织租金的大小。这些付款是对植物所有者等待植物生长的利息成本的补偿。我们使用了植物生活史的数量生长模型,沿着与U。S.数据,以推断这些付款的总体规模。
Manufacturing plants have a clear life cycle: they are born small, grow substantially with age, and eventually die. Economists have long thought that this life cycle is driven by organization capital, the accumulation of plant-specific knowledge. The location of plants in the life cycle determines the size of the payments, or organization rents, plant owners receive from organization capital. These payments are compensation for the interest cost to plant owners of waiting for their plants to grow. We use a quantitative growth model of the life cycle of plants, along with U. S. data, to infer the overall size of these payments.