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The Flattening Firm and Product Market Competition: The Effect of Trade Liberalization on Corporate Hierarchies

By Maria Guadalupe and Julie Wulf

òòò½Íø Journal: Applied Economics, October 2010

This paper establishes a causal effect of product market competition on various characteristics of organizational design. Using a unique panel dataset on firm hierarchies of large US firms (1986-1999) and a quasi-natural experiment (trade liberalization)...

From the Desk of the Managing Editor

[Symposium: 100 Issues of JEP]

By Timothy Taylor

Journal of Economic Perspectives, Spring 2012

Editing isn't "teaching" and it isn't "research," so in the holy trinity of academic responsibilities it is apparently bunched with faculty committees, student advising, and talks to the local Kiwanis club as part of "service." Yet for many economists, ed...