A Theory of Factor Allocation and Plant Size

Thomas J. Holmes, Matthew F. Mitchell

In this paper we develop a theory of how factors interact at the plant level. The theory has implications for: (1) the micro foundations for capital skill complementarity (2) the relationship between factor allocation and plant size and (3) the effects of trade and growth on the skill premium. The theory is consistent with certain facts about factor allocation and factor price changes in the 19th and 20th centuries

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Year of publication:	November 2003
Authors:	Holmes, Thomas J.
Other Persons:	Mitchell, Matthew F. (contributor)
Institutions:	National Bureau of Economic Research (contributor)
Publisher:	Cambridge, Mass : National Bureau of Economic Research
Subject:	Theorie \| Theory \| Betriebsgröße \| Firm size \| Allokation \| Allocation \| Kapitalintensität \| Capital intensity \| Qualifikation \| Occupational qualification

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Extent:	1 Online-Ressource
Series:	NBER working paper series ; no. w10079
Type of publication:	Book / Working Paper
Language:	English
Notes:	Mode of access: World Wide Web System requirements: Adobe [Acrobat] Reader required for PDF files Hardcopy version available to institutional subscribers.
Other identifiers:	10.3386/w10079 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012468615