Are Large Headquarters Unproductive? Evidence from a Panel of Japanese Companies (Japanese)
This paper, using large panel data of Japanese companies (2001-2011), empirically analyzes the determinants of the size of headquarters and their effect on productivity. Headquarters functions, the core service sector within companies, play important roles in supporting... View more
Acemoglu, Daron, Philippe Aghion, Claire Lelarge, John Van Reenen, and Fabrizio Zilibotti (2007), “Technology, Information, and the Decentralization of the Firm,” Quarterly Journal of Economics, Vol. 122, No. 4, pp. 1759-1799.
Aghion, Philippe, Nicholas Bloom, and John Van Reenen (2013), “Incomplete Contracts and the Internal Organization of Firms,” NBER Working Paper, No. 18842.
Aoki, Masahiko (1990), “Toward an Economic Model of the Japanese Firm,” Journal of Economic Literature, Vol. 28, No. 1, pp. 1-27.
Basu, Susanto, John G. Fernald, Nicholas Oulton, and Sylaja Srinivasan (2004), “The Case of the Missing Productivity Growth, or Does Information Technology Explain Why Productivity Accerated in the United States but Not in the United Kingdom?” in Gertler, Mark and Kenneth Rogoff eds. NBER Macroeconomics Annual 2003, The MIT Press, pp. 9-63.
Bernard, Andrew B. and Teresa C. Fort (2013), “Factoryless Goods Producers in the US,”NBER Working Paper, No. 19396.
Bloom, Nicholas, Raffaella Sadun, and John Van Reenen (2010a), “Recent Advances in the Empirics of Organizational Economics,” Annual Review of Economics, Vol. 2, pp. 105-137.
Bloom, Nicholas, Raffaella Sadun, and John Van Reenen (2010b), “Does Product Market Competition Lead Firms to Decentralize?” American Economic Review, Vol. 100, No. 2, pp. 434-438.
Bloom, Nicholas, Raffaella Sadun, and John Van Reenen (2012), “The Organization of Firms Across Countries,” Quarterly Journal of Economics, Vol. 127, No. 4, pp. 1663-1705.
Bloom, Nicholas, Luis Garicano, Raffaella Sadun, and John Van Reenen (2013), “The Distinct Effects of Information Technology and Communication Technology on Firm Organization,” CEPR Discussion Paper, No. 9762.
Bolton, Patrick and Mathias Dewatripont (1994), “The Firm as a Communication Network,” Quarterly Journal of Economics, Vol. 109, No. 4, pp. 809-839.