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Papers by Karl Okoronkwo

Research paper thumbnail of ECONOMIC GROWTH, POPULATION THEORY, AND PHYSIOLOGY: THE BEARING OF LONG-TERM PROCESSES ON THE MAKING OF ECONOMIC POLICY

Research paper thumbnail of Economic Performance Through Timet

Research paper thumbnail of Growth, income distribution, and democracy: What the data say

Journal of Economic Growth, Jan 1, 1996

This paper investigates the relationship between income distribution, democratic institutions, an... more This paper investigates the relationship between income distribution, democratic institutions, and growth. It does so by addressing three main issues: the properties and reliability of the income distribution data, the robustness of the reduced form relationships between income distribution and growth estimated so far, and the specific channels through which income distribution affects growth. The main conclusion in this regard is that there is strong empirical support for two types of explanations, linking income distribution to sociopolitical instability and to the education/fertility decision. A third channel, based on the interplay of borrowing constraints and investment in human capital, also seems to receive some support by the data, although it is probably the hardest to test with the existing data. By contrast, there appears to be less empirical support for explanations based on the effects of income distribution on fiscal policy.

Research paper thumbnail of TOWARD A KNOWLEDGE-BASE D THEORY OF THE FIRM

Given assumptions about the characteristics of knowledge and the knowledge requirements of produc... more Given assumptions about the characteristics of knowledge and the knowledge requirements of production, the firm is conceptualized as an institution for integrating knowledge. The primary contribution of the paper is in exploring the coordination mechanisms through which firms integrate the specialist knowledge of their members. In contrast to earlier literature, knowledge is viewed as residing within the individual, and the primary role of the organization is knowledge application rather than knowledge creation. The resulting theory has implications for the basis of organizational capability, the principles of organization design (in particular, the analysis of hierarchy and the distribution of decision-making authority), and the determinants of the horizontal and vertical boundaries of the firm. More generally, the knowledge-based approach sheds new light upon current organizational innovations and trends and has farreaching implications for management practice.

Research paper thumbnail of ECONOMIC GROWTH, POPULATION THEORY, AND PHYSIOLOGY: THE BEARING OF LONG-TERM PROCESSES ON THE MAKING OF ECONOMIC POLICY

Research paper thumbnail of Economic Performance Through Timet

Research paper thumbnail of Growth, income distribution, and democracy: What the data say

Journal of Economic Growth, Jan 1, 1996

This paper investigates the relationship between income distribution, democratic institutions, an... more This paper investigates the relationship between income distribution, democratic institutions, and growth. It does so by addressing three main issues: the properties and reliability of the income distribution data, the robustness of the reduced form relationships between income distribution and growth estimated so far, and the specific channels through which income distribution affects growth. The main conclusion in this regard is that there is strong empirical support for two types of explanations, linking income distribution to sociopolitical instability and to the education/fertility decision. A third channel, based on the interplay of borrowing constraints and investment in human capital, also seems to receive some support by the data, although it is probably the hardest to test with the existing data. By contrast, there appears to be less empirical support for explanations based on the effects of income distribution on fiscal policy.

Research paper thumbnail of TOWARD A KNOWLEDGE-BASE D THEORY OF THE FIRM

Given assumptions about the characteristics of knowledge and the knowledge requirements of produc... more Given assumptions about the characteristics of knowledge and the knowledge requirements of production, the firm is conceptualized as an institution for integrating knowledge. The primary contribution of the paper is in exploring the coordination mechanisms through which firms integrate the specialist knowledge of their members. In contrast to earlier literature, knowledge is viewed as residing within the individual, and the primary role of the organization is knowledge application rather than knowledge creation. The resulting theory has implications for the basis of organizational capability, the principles of organization design (in particular, the analysis of hierarchy and the distribution of decision-making authority), and the determinants of the horizontal and vertical boundaries of the firm. More generally, the knowledge-based approach sheds new light upon current organizational innovations and trends and has farreaching implications for management practice.

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