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Management has a large effect on the productivity of large firms. But does management matter in micro and small firms … the variation in outcomes – sales, profits and labor productivity and TFP – in microenterprises as in larger enterprises …
Persistent link: https://www.econbiz.de/10013016653
structurally estimate the key parameters of our model to construct counterfactual size, productivity and welfare distributions … losses exceed 5%. We also show, regardless of wage flexibility, that the main losers from the regulation are workers (and to …
Persistent link: https://www.econbiz.de/10013064453
success from firm surveys along with the usual Ramp;D expenditures and productivity measures. We then apply the model to data … both process and product innovation. Both these kinds of innovation have a positive impact on firm's productivity …
Persistent link: https://www.econbiz.de/10012758059
We analyze how increased access to financing affects firm total factor productivity (TFP) by exploiting a natural …
Persistent link: https://www.econbiz.de/10013053481
influx of young workers will lower the overall quality of management and lower total factor productivity. Census data shows …This paper examines whether management changes caused by the entry of the baby boom into the workforce explain the US … productivity slowdown in the 1970s and resurgence in the 1990s. Lucas (1978) suggests that the quality of managers plays a …
Persistent link: https://www.econbiz.de/10013155033
Over the last decade the World Management Survey (WMS) has collected firm-level management practices data across … recent work on management practices. Our preliminary results suggest that about a quarter of cross-country and within …-country TFP gaps can be accounted for by management practices. Management seems to matter both qualitatively and quantitatively …
Persistent link: https://www.econbiz.de/10013054045
Beginning in 2008, we ran a randomized controlled trial that changed management practices in a set of Indian weaving … management practices adopted in the original experimental plants had been dropped, there was still a large and significant gap in … control plants, suggesting lasting impacts of effective management interventions. Second, while few management practices had …
Persistent link: https://www.econbiz.de/10012929007
-level productivity patterns. But plant-level data on physical quantities of output, capital, and intermediate inputs are usually … unavailable. Therefore, when constructing productivity measures, most analysts proxy these variables with real sales revenues …, depreciated capital spending, and real input expenditures. The first part of this paper argues that the resultant productivity …
Persistent link: https://www.econbiz.de/10013233721
For the last decade we have been using double-blind survey techniques and randomized sampling to construct management … worse managed than those in several other developed countries. We also find substantial variation in management practices … product market competition and higher worker skills are associated with better management practices. Less regulated labor …
Persistent link: https://www.econbiz.de/10013037184
-market failures and saving rates affect aggregate total factor productivity. Numerical simulations suggest that dynastic management …Dynastic management is the inter-generational transmission of control over assets that is typical of family-owned firms …. It is pervasive around the World, but especially in developing countries. We argue that dynastic management is a …
Persistent link: https://www.econbiz.de/10012752756