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The Economics of Firm Productivity

The Economics of Firm Productivity
Author: Carlo Altomonte
Publisher: Cambridge University Press
Total Pages: 243
Release: 2022-04-21
Genre: Business & Economics
ISBN: 1108803253

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Productivity varies widely between industries and countries, but even more so across individual firms within the same sectors. The challenge for governments is to strike the right balance between policies designed to increase overall productivity and policies designed to promote the reallocation of resources towards firms that could use them more effectively. The aim of this book is to provide the empirical evidence necessary in order to strike this policy balance. The authors do so by using a micro-aggregated dataset for 20 EU economies produced by CompNet, the Competitiveness Research Network, established some 10 years ago among major European institutions and a number of EU productivity boards, National Central Banks, National Statistical institutes, as well as academic Institutions. They call for pan-EU initiatives involving statistical offices and scholars to achieve a truly complete EU market for firm-level information on which to build solidly founded economic policies.


The Theory of the Firm

The Theory of the Firm
Author: Daniel F. Spulber
Publisher: Cambridge University Press
Total Pages: 542
Release: 2009-04-13
Genre: Business & Economics
ISBN: 0521517389

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The Theory of the Firm presents an innovative general analysis of the economics of the firm.


The Firm as an Entity

The Firm as an Entity
Author: Yuri Biondi
Publisher: Routledge
Total Pages: 400
Release: 2007-04-12
Genre: Business & Economics
ISBN: 1134122128

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The book enhances current economic understanding of the firm as an institution and an organization, looking beyond the narrow boundaries of neoclassical economics to an interdisciplinary approach based on accounting and law as well as economics itself. It represents the first synthesis of the authors' research work on the subject and provides the groundwork for the development of a comprehensive framework centred on the firm as an entity. The volume starts with a synthesis and a critique of the current state of the different economic theories of the firm and further develops them through new insights and neglected lessons from different traditions of thought. The economic theory and analysis of the firm is given new life here by looking at the firm as a whole: as an institution and an organization, which has special functions and a distinct role in the economy and society.


The Economics of the Business Firm

The Economics of the Business Firm
Author: Harold Demsetz
Publisher: Cambridge University Press
Total Pages: 196
Release: 1997
Genre: Business & Economics
ISBN: 9780521588652

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The essays in this volume discuss the theory of the business firm and its applications in economics.


An Evolutionary Theory of Economic Change

An Evolutionary Theory of Economic Change
Author: Richard R. Nelson
Publisher: Harvard University Press
Total Pages: 456
Release: 1985-10-15
Genre: Business & Economics
ISBN: 9780674041431

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This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.


The Economic Nature of the Firm

The Economic Nature of the Firm
Author: Randall S. Kroszner
Publisher: Cambridge University Press
Total Pages: 664
Release: 2009-09-21
Genre: Business & Economics
ISBN: 1316025233

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This book brings together classic writings on the economic nature and organization of firms, including works by Ronald Coase, Oliver Williamson, and Michael Jensen and William Meckling, as well as more recent contributions by Paul Milgrom, Bengt Holmstrom, John Roberts, Oliver Hart, Luigi Zingales, and others. Part I explores the general theme of the firm's nature and place in the market economy; Part II addresses the question of which transactions are integrated under a firm's roof and what limits the growth of firms; Part III examines employer-employee relations and the motivation of labor; and Part IV studies the firm's organization from the standpoint of financing and the relationship between owners and managers. The volume also includes a consolidated bibliography of sources cited by these authors and an introductory essay by the editors that surveys the new institutional economics of the firm and issues raised in the anthology.


The Economic Nature of the Firm

The Economic Nature of the Firm
Author: Louis Putterman
Publisher: Cambridge University Press
Total Pages: 404
Release: 1996-01-26
Genre: Business & Economics
ISBN: 9780521556286

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This book brings together selections from the most influential writings on the internal economic organisation of business firms.


Economics of the Firm

Economics of the Firm
Author: Arthur A. Thompson
Publisher: Prentice Hall
Total Pages: 568
Release: 1989
Genre: Business & Economics
ISBN:

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Economics of Global Business

Economics of Global Business
Author: Rodrigo Zeidan
Publisher: MIT Press
Total Pages: 426
Release: 2018-11-13
Genre: Business & Economics
ISBN: 0262535629

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A textbook with innovative real-world macroeconomic analyses of timely policy issues, with case studies and examples from more than fifty countries. This timely and refreshingly real–world focused textbook examines some of the world's most critical policy issues through a macroeconomics lens. After presenting analytical foundations, modeling tools, and theoretical perspectives, Economics of Global Business goes a step further than most other texts, with a practical look at the local and multinational tradeoffs facing economic policymakers in more than fifty countries. Topics range from income equality and the financial crisis to GDP, inflation and unemployment, and, notably, one of the first macroeconomic examinations of climate change. Written by a globetrotting economist who teaches and consults on three continents, Economics of Global Business aims not for definitive answers but rather to provide a better understanding of the context-dependent rationales, constraints, and consequences of economic policy decisions. The book covers long-run and short-run growth (with examples from the United States, China, the European Union, South Korea, Japan, Latin America, Africa, Australia, and Vietnam); financial crises and central banks; monetary and fiscal policies; government budgets; currency regimes; climate change and macroeconomics; income inequality; and globalization. All chapters rely on recent and historical examples of economic policy in action. The book is particularly suitable for use as an introduction to macroeconomics for business students.


The Nature of the Firm

The Nature of the Firm
Author: Oliver E. Williamson
Publisher: Oxford University Press, USA
Total Pages: 260
Release: 1993
Genre: Business & Economics
ISBN: 9780195083569

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This volume features a series of essays which arose from a conference on economics, addressing the question: what is the nature of the firm in economic analysis? This paperback edition includes the Nobel Lecture of R.N. Case.