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Productivity and Organization in Portuguese Firms / Lorenzo Caliendo, Giordano Mion, Luca David Opromolla, Esteban Rossi-Hansberg.
- Format:
- Book
- Author/Creator:
- Caliendo, Lorenzo.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w21811.
- NBER working paper series no. w21811
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2015.
- Summary:
- The productivity of firms is, at least partly, determined by a firm's actions and decisions. One of these decisions involves the organization of production in terms of the number of layers of management the firm decides to employ. Using detailed employer-employee matched data and firm production quantity and input data for Portuguese firms, we study the endogenous response of revenue-based and quantity-based productivity to a change in layers: a firm reorganization. We show that as a result of an exogenous demand or productivity shock that makes the firm reorganize and add a management layer, quantity- based productivity increases by about 8%, while revenue-based productivity drops by around 7%. Such a reorganization makes the firm more productive, but also increases the quantity produced to an extent that lowers the price charged by the firm and, as a result, its revenue-based productivity.
- Notes:
- December 2015.
- Print version record
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