What drives differences in management? / Nicholas Bloom (Stanford University, NBER and IZA), Erik Brynjolfsson (MIT and NBER), Lucia Foster (U.S. Census Bureau), Ron Jarmin (U.S. Census Bureau), Megha Patnaik (Stanford University), Itay Saporta-Eksten (Tel-Aviv University and UCL), John van Reenen (MIT, CEP, NBER and IZA) ; IZA, Institute of Labor Economics
VerfasserBloom, Nick ; Brynjolfsson, Erik ; Foster, Lucia ; Jarmin, Ronald S. ; Patnaik, Megha ; Saporta-Eksten, Itay ; Van Reenen, John
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, April 2017
Elektronische Ressource
Umfang1 Online-Ressource (36, 11 Seiten) : Diagramme
SerieDiscussion paper ; no. 10724
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
What drives differences in management? [0.92 mb]
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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.