经济The O-Ring Theory of Economic Development

The O-Ring Theory of Economic Development

文献名称	The O-Ring Theory of Economic Development
文献作者	Michael Kremer
作者所在单位	Harvard University
文献分类	已发表文献
学科一级分类	经济
学科二级分类	发展经济学
文献摘要	This paper proposes a production function describing processes subject to mistakes in any of several tasks. It shows that high-skill workers--those who make few mistakes--will be matched together in equilibrium, and that wages and output will rise steeply in skill. The model is consistent with large income differences between countries, the predominance of small firms in poor countries, and the positive correlation between the wages of workers in different occupations within enterprises. Imperfect observability of skill leads to imperfect matching and thus to spillovers, strategic complementarity, and multiple equilibria in education.
参考文献
关键字	O-Ring Theory ，Economic Development
发表所在刊物（或来源）	Quarterly Journal of Economics，Vol. 108, No. 3 (Aug., 1993), pp. 551-575
发表时间
适用研究领域
评论
上传时间	2011-1-24 11:38
下载文献	02Kremer-QJE1993.pdf[547.44 KB] 注：下载文献会消耗您一个“当日剩余下载次数”
会员评论
发表评论