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Title:Hierarchical structure in Brazilian industrial firms: an econometric study PDF Logo
Authors:Façanha, Luis Otávio
Resende, Marcelo
Issue Date:2007
Series/Report no.:CESifo working paper 1985
Abstract:The paper investigates different implications of theoretical models for hierarchical structure. A sample of 6578 firms in the Brazilian manufacturing industry is considered and explanatory factors pertaining structural characteristics, network technology, technological innovations, managerial innovations and Incentive mechanisms are investigated. Important joint effects are detected for all groups of variables in partial contrast with the related previous literature. Moreover, one detects significant joint effect of the newly considered group of incentive mechanisms variables. The evidence in terms of individual effects is largely consistent with the predicted effects from the theoretical literature on hierarchy.
JEL:C25
L22
Document Type:Working Paper
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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