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Researcher | Institution | Original publication | Reading recommendations | Beyond | CitationIn recent years, corporations have become more decentralized and decision-making power within the company has moved from the top level to lower levels of management. DALIA MARIN and her research team are interested in the question of how international trade has affected these changes in the organization of firms. As she explains in this video, they have used recent mathematical models of trade and have combined these with the theory of the firm. Then they tested this theory with empirical data collected in interviews in Austria and Germany. Their findings suggest that the level of international competition has an impact on whether firms choose centralized or decentralized power structures and changes in competition also tend to influence these structures. These insights allow new predictions on the future organization of international trade.
DOI:
https://doi.org/10.21036/LTPUB10462
Institution
Ludwig Maximilian University Munich (Ludwig-Maximilians-Universität München)
"LMU Munich is one of the leading universities in Europe. Carrying on a tradition that goes back over 500 years, LMU offers challenging study programs and provides an ideal environment for top-level research. "Introducing LMU" gives an insight into learning and teaching as well as research and life at LMU." ( Source )
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Original publication
The Theory of the Firm Goes Global
The Impact of Incomplete Contracts on Economics
Published in 2016
Reading recommendations
Corporate Hierarchies and International Trade: Theory and Evidence
Journal of International Economics
Published in 2014
Globalization and the Empowerment of Talent
Journal of International Economics
Published in 2012
The Organization of Firms in a Global Economy
Published in 2008Beyond
A Ground-breaking Scientific Revolution
An Alarming Challenge for Society
If I Had a Second Life
A Personal Reading Recommendation