The DOI matches its Crossref record; 23 of the 23 references it cites were found in a registry or an index.
Modeling and Measuring Organization Capital
Open accessAbstract
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.
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Cites
The Dynamics of Productivity in the Telecommunications Equipment Industry
Olley, G. S., & Pakes, A. (1996) · Econometrica · doi:10.2307/2171831 · Cited by 7,112
Selection and the Evolution of Industry
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Becker, G. S. (1993) · doi:10.7208/chicago/9780226041223.001.0001 · Cited by 4,509
On the Size Distribution of Business Firms
Lucas, R. E. (1978) · The Bell Journal of Economics · doi:10.2307/3003596 · Cited by 3,236
Job Matching and the Theory of Turnover
Jovanovic, B. (1979) · Journal of Political Economy · doi:10.1086/260808 · Cited by 3,092
Markov-Perfect Industry Dynamics: A Framework for Empirical Work
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(1996) · Choice Reviews Online · doi:10.5860/choice.34-1653 · Cited by 1,630
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Job Turnover and Policy Evaluation: A General Equilibrium Analysis
Hopenhayn, H., & Rogerson, R. (1993) · Journal of Political Economy · doi:10.1086/261909 · Cited by 1,269
Productivity Dynamics in Manufacturing Plants
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Cited by
Why Do Management Practices Differ across Firms and Countries?
Bloom, N., & Van Reenen, J. (2010) · Journal of Economic Perspectives · doi:10.1257/jep.24.1.203 · Cited by 1,617
Misallocation and Manufacturing TFP in China and India
Hsieh, C.-T., & Klenow, P. J. (2009) · SSRN Electronic Journal · doi:10.2139/ssrn.1442871 · Cited by 1,444
Macroeconomic implications of size-dependent policies
Guner, N., Ventura, G., & Xu, Y. (2008) · Review of Economic Dynamics · doi:10.1016/j.red.2008.01.005 · Cited by 623
Innovation, Firm Dynamics, and International Trade
Atkeson, A., & Burstein, A. T. (2010) · Journal of Political Economy · doi:10.1086/653690 · Cited by 608
Self-citationThe Life Cycle of Plants in India and Mexico *
Hsieh, C.-T., & Klenow, P. J. (2014) · The Quarterly Journal of Economics · doi:10.1093/qje/qju014 · Cited by 436
Metadata
- Authors
- Atkeson, A., & Kehoe, P. J.
- Venue
- Journal of Political Economy
- Publisher
- University of Chicago Press
- Published
- 2005-10
- Volume
- 113
- Issue
- 5
- Pages
- 1026-1053
- ISSN
- 0022-3808 (ISSN-L)
- 1537-534X
- OpenAlex
- W2076961151
- Cited by
- 481
- References
- 23
- FWCI
- 29.08
- Type
- journal article
- Language
- en
- Open access
- gold
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