Are some management practices akin to a technology that can explain company and national productivity, or do they … cross-country total factor productivity differences. …

Recent research suggests that much of the cross-firm variation in measured productivity is due to differences in use of … longitudinal earnings records for their employees to study the relationship between productivity, management, worker ability, and … and firm-level productivity in Germany. In our preferred TFP estimates only a small fraction of this correlation is …

economically and statistically significant impacton firm-level productivity and market value. Patent citations contain more … (total factor) productivity and an eight percent increase in market value. As expected patenting and citation information … feeds into market values immediately but appears to have some additional lagged effects of productivity suggesting gradual …