FROM INSIDE THE FIRM TO THE GROWTH PROCESS
成果类型：
Article
署名作者：
Martimort, David; Verdier, Thierry
署名单位：
Universite de Toulouse; Institut Universitaire de France
刊物名称：
JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION
ISSN/ISSBN：
1542-4766
DOI：
10.1162/154247603322391251
发表日期：
2003
页码：
621-629
关键词：
摘要：
This paper argues that the internal organization of the firm and the growth process interact strongly to determine simultaneously the power of incentives within the firm and the growth rate. We show how agents within the firm can invest either by using their own human capital or by relying on some form of reputational capital to secure implicit relationships within the firm and we discuss how these investments affect the growth rate of the economy. (JEL: D92, L22, O40)
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