Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/93936 
Authors: 
Year of Publication: 
2012
Series/Report no.: 
SFB/TR 15 Discussion Paper No. 370
Publisher: 
Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY), München
Abstract: 
What insights can be gained from bringing the theory of the firm to the global economy? I discuss several new features of the world economy that can be explained by incorporating the theory of the firm into the theory of international trade. Among the new features I discuss are the move to flatter corporate hierarchies and the decentralization of authority in firms, the 'war for talent', the rise of CEO pay in rich countries, organizational convergence across countries, and firm heterogeneity.
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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