Narrow search
Showing 1 - 10 of 392
Cover Image
Modern Management : Good for the Environment or just Hot Air?
Bloom, Nicholas - 2008
We use an innovative methodology to measure management practices in over 300 manufacturing firms in the UK. We then … match this management data to production and energy usage information for establishments owned by these firms. We find that … relation to other factor inputs. This is quantitatively substantial: going from the 25th to the 75th percentile of management …
Persistent link: https://www.econbiz.de/10012464253
Cover Image
Does Corporate Governance Matter in Competitive Industries?
Giroud, Xavier - 2009
the opportunity for managerial slack. Consistent with the notion that competition mitigates managerial slack, we find that …, firms in competitive industries experience no significant effect. When we examine which agency problem competition mitigates …
Persistent link: https://www.econbiz.de/10012463770
Cover Image
What Drives Differences in Management?
Bloom, Nicholas - 2017
Partnering with the Census we implement a new survey of "structured" management practices in 32,000 US manufacturing … plants. We find an enormous dispersion of management practices across plants, with 40% of this variation across plants within … the same firm. This management variation accounts for about a fifth of the spread of productivity, a similar fraction as …
Persistent link: https://www.econbiz.de/10012455381
Cover Image
Technological Obsolescence
Ma, Song - National Bureau of Economic Research - 2021
This paper proposes a new measure of technological obsolescence using detailed patent data. Using this measure, we present two sets of results. First, firms' technological obsolescence foreshadows substantially lower growth, productivity, and reallocation of capital. This finding applies mainly...
Persistent link: https://www.econbiz.de/10012696413
Cover Image
Life Cycle Annuity Valuation
Bernheim, B. Douglas - 1984
In this paper, we argue that actuarial valuation of annuity benefit streams is theoretically inconsistent with the assumption of pure lifecycle motives. Instead, we show that the simple discounted value of future benefits (ignoring the possibility of death) is often a good approximation to the...
Persistent link: https://www.econbiz.de/10012477575
Cover Image
Competing Engines of Growth : Innovation and Standardization
Acemoglu, Daron - 2010
standardization rate (and of competition). Second, we characterize the growth and welfare maximizing speed of standardization. We show …
Persistent link: https://www.econbiz.de/10012462712
Cover Image
Multi-product Firms and Product Turnover in the Developing World : Evidence from India
Goldberg, Pinelopi K. - 2008
Recent theoretical work predicts that an important margin of adjustment to deregulation or trade reforms is the reallocation of output within firms through changes in their product mix. Empirical work has accordingly shifted its focus towards multi-product firms and their product mix decisions....
Persistent link: https://www.econbiz.de/10012464518
Cover Image
Deconstructing Lifecycle Expenditure
Aguiar, Mark - 2008
In this paper we revisit two well-known facts regarding lifecycle expenditures. The first is the familiar "hump" shaped lifecycle profile of nondurable expenditures. We document that the behavior of total nondurables masks surprising heterogeneity in the lifecycle profile of individual...
Persistent link: https://www.econbiz.de/10012464754
Cover Image
How Does Outsourcing Affect Performance Dynamics? Evidence from the Automobile Industry
Novak, Sharon - 2007
This paper examines the impact of vertical integration on the dynamics of performance over the automobile product development lifecycle. Building on recent work in organizational economics and strategy, we evaluate the relationship between vertical integration and different performance margins....
Persistent link: https://www.econbiz.de/10012465418
Cover Image
Wake Up and Smell the Ginseng : The Rise of Incremental Innovation in Low-Wage Countries
Puga, Diego - 2005
Increasingly, a small number of low-wage countries such as China and India are involved in innovation -- not `big ideas' innovation, but the constant incremental innovations needed to stay ahead in business. We provide some evidence of this new phenomenon and develop a model in which there is a...
Persistent link: https://www.econbiz.de/10012467107