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Productivity, focus and property rights.

Publication: International Advances in Economic Research
Publication Date: 01-AUG-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: Productivity, focus and property rights.(Report)

Article Excerpt
JEL D00 . D21 . D70 . D80 . G30 . K00 . L10 . L50 . M21

We show the scope of the firm is determined by three parameters: the relationships between assets at the margin (whether the assets are complementary or substitutes at the margin), the marginal productivity of the agents with their asset,...

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