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The firm as a pool of factor complementarities

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dc.creator Lindbeck, Assar
dc.creator Snower, Dennis J.
dc.date 2004
dc.date.accessioned 2013-10-16T06:15:55Z
dc.date.available 2013-10-16T06:15:55Z
dc.date.issued 2013-10-16
dc.identifier Discussion paper Centre for Economic Policy Research, London 4242
dc.identifier http://hdl.handle.net/10419/3208
dc.identifier ppn:385417152
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/3208
dc.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 trade-off 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.
dc.language eng
dc.publisher Centre for Economic Policy Research, London
dc.relation CEPR Discussion paper series / Centre for Economic Policy Research 4242
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject D21
dc.subject D23
dc.subject ddc:330
dc.subject Theorie der Unternehmung
dc.subject Produktionsfaktor
dc.subject Faktorsubstitution
dc.subject Transaktionskosten
dc.subject Betriebsgröße
dc.subject Allgemeines Gleichgewicht
dc.subject Theorie
dc.title The firm as a pool of factor complementarities
dc.type doc-type:workingPaper


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