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The Theory of Irrelevance of the Size of the Firm
Liu, Pak-wai; Yang, Xiaokai - 2014
This paper formalizes Cheung, Coase, Stigler, and Young's theory of irrelevance of the size of the firm. This theory states that if division of labor develops within the firm, the average size of the firm and productivity go up side by side. If division of labor develops between firms, the...
Persistent link: https://www.econbiz.de/10014141316
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Lorenz domination and global tax progressivity : a reply
Liu, Pak-wai - In: The Canadian journal of economics 19 (1986) 4, pp. 812-813
Persistent link: https://www.econbiz.de/10001044018
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Incomplete contingent labor contract, asymmetric redidual rights and authority, and the theory of the firm
Yang, Xiaokai - 2000
Persistent link: https://www.econbiz.de/10001512268
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An approach to modeling institutional development
Yang, Xiaokai - 1988
Persistent link: https://www.econbiz.de/10000761872
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Development, structural changes, and urbanization
Yang, Xiaokai - 1988
Persistent link: https://www.econbiz.de/10000769070
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Economies of specialization and downward sloping supply curves : an inframarginal analysis
Yang, Xiaokai - 1995
Persistent link: https://www.econbiz.de/10000916205
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Learning through the division of labor and interrelationship between trade and productivity progress
Yang, Xiaokai - 1994
Persistent link: https://www.econbiz.de/10000897460
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The nature of capital, investment, and saving
Yang, Xiaokai - 1994
Persistent link: https://www.econbiz.de/10000897642
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Two notes on new growth models
Yang, Xiaokai - 1994
Persistent link: https://www.econbiz.de/10000897643
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An equilibrium model of hierarchy
Yang, Xiaokai - 1994
Persistent link: https://www.econbiz.de/10000902243