Quarterly Journal of Austrian Economics
전용덕 교수의 첫 QJAE 논문
전용덕 & 김영용 - Conglomerates and Economic Calculation (다운로드)
요약문
Using Mises’s concept of economic calculation, this paper explains why conglomerates are frequently observed in emerging economies across the world. It also addresses the issue of why conglomerates take the form of either the multidivisional diversified single firm or the diversified business group.
- CONGLOMERATE AS A PRODUCTION STRUCTURE
- A THEORY OF CONGLOMERATES
- Business Environments in Emerging Economies
- The Economic Calculation Problem
- Calculation cost for diversified business unit in emerging markets
- THE ADVANTAGES AND DISADVANTAGES OF CONGLOMERATES
- CONCLUDING REMARKS