Show simple item record

dc.contributor.authorShen, T. Y.
dc.date.accessioned2011-06-23T14:17:11Z
dc.date.available2011-06-23T14:17:11Z
dc.date.issued1972-11
dc.identifier.citationShen, T. Y. (1972) Organisation input and economic development. Working Paper 70, Nairobi: Institute for Development Studies, University of Nairobien_GB
dc.identifier.urihttps://opendocs.ids.ac.uk/opendocs/handle/20.500.12413/979
dc.description.abstractIn this paper we develop a framework in which organisation is treated as an input in a production firm. The determination of an equilibrium organisation input is described. Corresponding to the equilibrium a quasi-rent is earned by the organisation. Improvements in efficiency and technological change are regarded as substitution of organisation input for labour and capital inputs. Development sequences of three types of firms are discussed. For the large firm in a mature economy, organisation input is primarily generated within the firm. For the small firm, in a mature economy, entry and exit play the vital role. For the firm in an underdeveloped country little organisation input is generated, and there are good economic reasons why the substitution of organisation input for other inputs is inefficient. It is a better strategy for an underdeveloped country to import organisation inputs (but not organisation stocks) when they are needed, because of the relatively low costs of organisation inputs generated in the mature economies.en_GB
dc.language.isoenen_GB
dc.publisherInstitute for Development Studies, University of Nairobien_GB
dc.relation.ispartofseriesWorking papers.;70
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/en_GB
dc.subjectEconomic Developmenten_GB
dc.subjectFinanceen_GB
dc.subjectTradeen_GB
dc.titleOrganisation input and economic developmenten_GB
dc.typeSeries paper (non-IDS)en_GB
dc.rights.holderInstitute for Development Studies, University of Nairobien_GB
dc.identifier.blds324873


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record

http://creativecommons.org/licenses/by-nc-nd/3.0/
Except where otherwise noted, this item's license is described as http://creativecommons.org/licenses/by-nc-nd/3.0/