Organizing the Global Value Chain: A Firm-Level Test
نویسندگان
چکیده
منابع مشابه
To “ Organizing the Global Value Chain ”
A. OPTIMAL DIVISION OF SURPLUS: SUFFICIENT CONDITION IN THIS SECTION, we show that the function β∗(j) in equation (15) of the main text, characterizing the optimal division of surplus at stage j, indeed satisfies a sufficient condition for the associated profit-maximization problem of the firm. Our approach builds on recasting this as a dynamic programming problem. Remember that in the main tex...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2015
ISSN: 1556-5068
DOI: 10.2139/ssrn.2609054