Creative destruction and firm organization choice

被引：54

作者：

Thesmar, D ^{[1
]}

Thoenig, M

机构：

[1] INSEE, Paris, France

[2] CREST, Paris, France

[3] Univ Paris 01, ENS,EHESS,CNRS, Joint Res Unit, DELTA, F-75231 Paris 05, France

[4] Univ Paris 01, EUREQUA, F-75231 Paris 05, France

来源：

QUARTERLY JOURNAL OF ECONOMICS | 2000年 / 115卷 / 04期

关键词：

D O I：

10.1162/003355300555051

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Firms' organizational choices are influenced by external conditions such as the instability of the product market. In order to address this issue in a macroeconomic perspective, we embed the firm's choice of organizational structure in a model of growth through creative destruction, which induces endogenous market volatility. We find that an increasing supply of skill or globalization may increase the rate of creative destruction, the skill premium, and the skilled wages, and it may depress the unskilled wages. We use an original data set to test the empirical relevance of our theory.

引用

页码：1201 / 1237

页数：37

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[1] Changes in unemployment and wage inequality: An alternative theory and some evidence [J].