Advanced Search
MyIDEAS: Login

Varieties of Hierarchies and Markets: An Introduction

Contents:

Author Info

  • Hamilton, Gary G
  • Feenstra, Robert C

Abstract

The paper presents both a theoretical and an empirical argument that the concept of hierarchy needs to be reconceptualized. In our theoretical discussion we develop a synthesis between Coase's and Williamson's conception of a market/hierarchy dichotomy and Weber's distinction between economic power and authority. We hold that the authoritative aspects of hierarchies, especially within networks of firms, have independent effects on the formation of market economies. We empirically demonstrate the relevance of this reconceptualization in an analysis of the economies of South Korea and Taiwan. With these cases, we show that two different types of authoritative interfirm networks, one vertically and the other horizontally arranged, substantially shape the performance of these economies. Copyright 1995 by Oxford University Press.

Download Info

To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Bibliographic Info

Article provided by Oxford University Press in its journal Industrial & Corporate Change.

Volume (Year): 4 (1995)
Issue (Month): 1 ()
Pages: 51-91

as in new window
Handle: RePEc:oup:indcch:v:4:y:1995:i:1:p:51-91

Contact details of provider:
Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK
Fax: 01865 267 985
Email:
Web page: http://icc.oupjournals.org/

Order Information:
Web: http://www.oup.co.uk/journals

Related research

Keywords:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Mike Peng & Andrew Delios, 2006. "What determines the scope of the firm over time and around the world? An Asia Pacific perspective," Asia Pacific Journal of Management, Springer, vol. 23(4), pages 385-405, December.
  2. Robert C. Feenstra & Tzu-Han Yang & Gary G. Hamilton, . "Business Groups And Trade In East Asia: Part 2, Product Variety," Department of Economics 96-14, California Davis - Department of Economics.
  3. Richter, Rudolf, 2001. "New economic sociology and new institutional economics," MPRA Paper 4747, University Library of Munich, Germany.
  4. Nicola Lacetera, 2001. "Corporate Governance and the Governance of Innovation: The Case of Pharmaceutical Industry," Journal of Management and Governance, Springer, vol. 5(1), pages 29-59, March.
  5. Daniel Berkowitz & Katharina Pistor & Jean-Francois Richard, 2000. "Economic Development, Legality, and the Transplant Effect," William Davidson Institute Working Papers Series 308, William Davidson Institute at the University of Michigan.
  6. Yuan Lu & Eric Tsang & Mike Peng, 2008. "Knowledge management and innovation strategy in the Asia Pacific: Toward an institution-based view," Asia Pacific Journal of Management, Springer, vol. 25(3), pages 361-374, September.
  7. Lee, Keun & Kim, Ji Youn & Lee, Oonkyu, 2010. "Long-term evolution of the firm value and behavior of business groups: Korean chaebols between weak premium, strong discount, and strong premium," Journal of the Japanese and International Economies, Elsevier, vol. 24(3), pages 412-440, September.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:oup:indcch:v:4:y:1995:i:1:p:51-91. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press) or (Christopher F. Baum).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.