The new empirical economics of management

John van Reenen, Nicholas Bloom, Raffaella Sadun, Renata Lemos () and Daniela Scur

No 10013, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: Over the last decade the World Management Survey (WMS) has collected firm-level management practices data across multiple sectors and countries. We developed the survey to try to explain the large and persistent TFP differences across firms and countries. This review paper discusses what has been learned empirically and theoretically from the WMS and other recent work on management practices. Our preliminary results suggest that about a quarter of cross-country and within-country TFP gaps can be accounted for by management practices. Management seems to matter both qualitatively and quantitatively. Competition, governance, human capital and informational frictions help account for the variation in management.

Keywords: Management; Organization; Productivity (search for similar items in EconPapers)
JEL-codes: L2 M2 O14 O32 O33 (search for similar items in EconPapers)
Date: 2014-06
New Economics Papers: this item is included in nep-bec, nep-eff, nep-hrm and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (141)

Downloads: (external link)
https://cepr.org/publications/DP10013 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Working Paper: The New Empirical Economics of Management (2014)
Working Paper: The new empirical economics of management (2014)
Working Paper: The New Empirical Economics of Management (2014)
Working Paper: The New Empirical Economics of Management (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:10013

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP10013

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().