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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/3060| Title: | The firm as a pool of factor complementarities |
| Keywords: | J51 J24 J53 J31 D23 ddc:330 firm , complementarities , plant Theorie der Unternehmung Produktionsfaktor Faktorsubstitution Transaktionskosten Betriebsgröße Allgemeines Gleichgewicht Theorie |
| Issue Date: | 16-Oct-2013 |
| Publisher: | Forschungsinstitut zur Zukunft der Arbeit, Bonn |
| Description: | This paper presents a new approach to the theory of the firm by identifying factor complementarities as central to the determination of the firm?s boundaries. The factor complementarities may take a variety of forms: technological and informational complementarities, as well as economies of scale and scope. We examine the tradeoff between the gains from these complementarities and transactions costs. In so doing, we must abandon the standard dichotomy between the determinants of plant size and firm size. The influence of factor complementarities on firm size is examined in partial and general equilibrium frameworks. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/3060 |
| Other Identifiers: | IZA discussion papers Forschungsinstitut zur Zukunft der Arbeit, Bonn 882 http://hdl.handle.net/10419/3060 ppn:37198324X ppn:37198324X |
| Appears in Collections: | EconStor |
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