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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/10012457163
market is quantitatively important for mechanization and productivity since it provides a workaround for other market …
Persistent link: https://www.econbiz.de/10012585412
success from firm surveys along with the usual R&D expenditures and productivity measures. We then apply the model to data on … process and product innovation. Both these kinds of innovation have a positive impact on firm's productivity, especially …
Persistent link: https://www.econbiz.de/10012464055
We analyze how increased access to financing affects firm total factor productivity (TFP) by exploiting a natural …
Persistent link: https://www.econbiz.de/10012458515
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/10012459820
firms with more structured management practices, have substantially higher pay, both on average and across every percentile … doubling of firm productivity associated with 11% more pay for the highest-paid employee (likely the CEO) compared to 4.7% for … public firms for the highest-paid employees. Top pay volatility is also strongly related to productivity and structured …
Persistent link: https://www.econbiz.de/10012660055
We link a new UK management survey covering 8,000 firms to panel data on productivity in manufacturing and services …. There is a large variation in management practices, which are highly correlated with productivity, profitability and size …
Persistent link: https://www.econbiz.de/10012794618
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/10012463175
-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/10012469081
-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/10012469259