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What Drives Differences in Management? / Nicholas Bloom, Erik Brynjolfsson, Lucia Foster, Ron S. Jarmin, Megha Patnaik, Itay Saporta-Eksten, John Van Reenen.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Bloom, Nicholas.
Contributor:
National Bureau of Economic Research.
Brynjolfsson, Erik.
Foster, Lucia.
Jarmin, Ron S.
Patnaik, Megha.
Saporta-Eksten, Itay.
Van Reenen, John.
Series:
Working Paper Series (National Bureau of Economic Research) no. w23300.
NBER working paper series no. w23300
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2017.
Summary:
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 that accounted for by R&D, and twice as much as explained by IT. We find evidence for four "drivers" of management: competition, business environment, learning spillovers and human capital. Collectively, these drivers account for about a third of the dispersion of structured management practices.
Notes:
Print version record
March 2017.

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