The Dynamics and Spillovers of Management Interventions: Evidence from the Training Within Industry Program

Nicola Bianchi and Michela Giorcelli

No 28833, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper examines the long-term and spillover effects of management interventions on firm performance. Under the Training Within Industry (TWI) program, the U.S. government provided management training to firms involved in war production between 1940 and 1945. Using a newly collected panel dataset on all 11,575 U.S. firms that applied to the program, we find that the TWI training had positive and long-lasting effects on firm performance and the adoption of beneficial managerial practices. Moreover, it generated complementarities among different types of training and had positive spillover effects on the supply chain of trained firms.

JEL-codes: J24 L2 M2 M5 N34 N64 O15 O32 O33 (search for similar items in EconPapers)
Date: 2021-05
New Economics Papers: this item is included in nep-bec, nep-cse, nep-his, nep-hrm, nep-lma and nep-tid
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Published as Nicola Bianchi & Michela Giorcelli, 2022. "The Dynamics and Spillovers of Management Interventions: Evidence from the Training within Industry Program," Journal of Political Economy, vol 130(6), pages 1630-1675.

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Journal Article: The Dynamics and Spillovers of Management Interventions: Evidence from the Training within Industry Program (2022)
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