Knowledge-based Hierarchies: Using Organizations to Understand the Economy | E-Axes
 

Search
Login
Username:
Password:
Not a member yet? Click here.
Forgot your Password?
Archives - Categories
Home
On Inequality
On the Eurozone Debt Crisis
On Monetary Policy and Central Banking
On Global Economic Growth
On the Greek Debt Crisis
On the Banking and Financial Sectors
On Brexit
On China
On India
On Global Inflation
On Currencies
On the US Debt
On the "Economics" of the Arab Spring
Blogs
Working Papers
Books
Books suggested by members



Knowledge-based Hierarchies: Using Organizations to Understand the Economy

date Date: October 14, 2014
date Author(s): Luis Garicano, Esteban Rossi-Hansberg
date Affiliation: LSE-Princeton University
Abstract

We argue that incorporating the decision of how to organize the acquisition, use, and communication of knowledge into economic models is essential to understand a wide variety of economic phenomena. We survey the literature that has used knowledge-based hierarchies to study issues like the evolution of wage inequality, the growth and productivity of firms, economic development, the gains from international trade, as well as o§shoring and the formation of international production teams, among many others. We also review the nascent empirical literature that has, so far, conÖrmed the importance of organizational decisions and many of its more salient implications.


© 2011–2017 e-axes. All rights reserved. | Credits | Contact Us | Privacy Statement | Mon 22 Jan, 2018 12:20:45 PM
e-axes is proudly powered by Norder - Creative Solutions