Modeling and Measuring Organization Capital
利用美国制造业工厂的生命周期数据，通过定量增长模型推断工厂所有者因组织资本获得的租金规模，帮助理解工厂成长与消亡的经济机制。
Manufacturing plants have a clear life cycle: they are born small, grow substantially with age, and eventually die. Economists have long thought that this life cycle is driven by organization capital, the accumulation of plant‐specific knowledge. The location of plants in the life cycle determines the size of the payments, or organization rents, plant owners receive from organization capital. These payments are compensation for the interest cost to plant owners of waiting for their plants to grow. We use a quantitative growth model of the life cycle of plants, along with U.S. data, to infer the overall size of these payments.