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Firms versus Plants: a Closer Examination of their Different Behaviour in the Face of Structural Change

In: Structural Macroeconomic Change and the Size Pattern of Manufacturing Firms

Author

Listed:
  • Fabrizio Traù

    (Research Department of the Confederation of Italian Industries
    University of Cambridge)

Abstract

5.1.1 In principle, the division of labour may take place both inside the firm and among firms. In fact, this passage from one of these two different ways of organizing productive activity to the other is exactly the process that industrial countries have experienced in the course of the two different phases of post-war industrial development that we have dealt with in previous chapters. As we have argued in particular in chapter 2, this passage is precisely what economic theory should be able to explain: that is, why in different external contexts firms opt for different organizational structures.

Suggested Citation

  • Fabrizio Traù, 2003. "Firms versus Plants: a Closer Examination of their Different Behaviour in the Face of Structural Change," Palgrave Macmillan Books, in: Structural Macroeconomic Change and the Size Pattern of Manufacturing Firms, chapter 5, pages 102-118, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-4039-4395-8_6
    DOI: 10.1057/9781403943958_6
    as

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