【主讲】Tuan Anh Luong (SIBA, Shanghai University of Finance and Economics)
【主题】Multiproduct rms and the endogenous choice of variety
【时间】2010年12月16日 (周四) 15：30-17：00
【地点】上海财经大学经济学院楼801室
【语言】英文
【摘要】In this paper I show that managerial talent endowments can be a source of selection effects: when the talent endowment becomes larger, productive rms expand their product portfolio and put more pressure on less productive rms. The productivity cut-o¤ is therefore higher. In open economies with labor mobility, we have an integrated world and free trade enhances the welfare of the trading countries. When labor cannot move, however, rms in the country with more talent will have a greater scope but a smaller intensive margin than that rms with the same productivity level in another country. The paper calls for governments to improve both the quantity and the quality of talent in their countries in order to enhance welfare.
