Modeling and measuring organization capital

被引：232

作者：

Atkeson, A ^{[1
]}

Kehoe, PJ

机构：

[1] Univ Calif Los Angeles, Los Angeles, CA 90024 USA

[2] Fed Reserve Bank Minneapolis, Minneapolis, MN 55480 USA

[3] Natl Bur Econ Res, Cambridge, MA 02138 USA

[4] Univ Minnesota, Minneapolis, MN 55455 USA

来源：

JOURNAL OF POLITICAL ECONOMY | 2005年 / 113卷 / 05期

关键词：

D O I：

10.1086/431289

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Manufacturing plants have a clear life cycle: they are born small, grow substantially with age, and eventually die. Economists have long thought that this life cycle is driven by organization capital, the accumulation of plant-specific knowledge. The location of plants in the life cycle determines the size of the payments, or organization rents, plant owners receive from organization capital. These payments are compensation for the interest cost to plant owners of waiting for their plants to grow. We use a quantitative growth model of the life cycle of plants, along with U. S. data, to infer the overall size of these payments.

引用

页码：1026 / 1053

页数：28

共 30 条

[1]

[Anonymous], Q J EC

[2]

ATKESON A, 2003, 296 RES DEPT FED RES

[3]

Atkeson Andrew, 1996, CARNEGIE-ROCHESTER C, V44, P216

[4] DECOMPOSING LEARNING BY DOING IN NEW PLANTS [J].