Triebs_et_al-2018-Journal_of_Productivity_Analysis.pdf (1.25 MB)
Management in production: from unobserved to observed
journal contribution
posted on 2018-04-20, 13:39 authored by Thomas TriebsThomas Triebs, Subal C. KumbhakarAre productivity estimates good proxies for unobserved management? And, does management affect production in a neutral and monotonic fashion as assumed by these proxies? We use Bloom and Van Reenen’s management data to show that two popular proxies, fixed effects and inefficiency scores, correlate with observed management practices. We find that the correlations are positive but weak. Also, management explains only a fraction of the proxies’ variances. The data rejects the assumptions of neutrality and monotonicity. Last, our results suggest that management has characteristics both of a technology and an input.
History
School
- Business and Economics
Department
- Economics
Published in
Journal of Productivity AnalysisCitation
TRIEBS, T.P. and KUMBHAKER, S.C., 2018. Management in production: from unobserved to observed. Journal of Productivity Analysis, 49(2–3), pp 111–121.Publisher
© The Authors. Published by Springer VerlagVersion
- VoR (Version of Record)
Publisher statement
This work is made available according to the conditions of the Creative Commons Attribution 4.0 International (CC BY 4.0) licence. Full details of this licence are available at: http://creativecommons.org/licenses/ by/4.0/Acceptance date
2018-02-24Publication date
2018Notes
This is an Open Access Article. It is published by Springer under the Creative Commons Attribution 4.0 Unported Licence (CC BY). Full details of this licence are available at: http://creativecommons.org/licenses/by/4.0/ISSN
0895-562XPublisher version
Language
- en