The Effects of Management on Production: A Survey of Empirical Studies

Alecos Papadopoulos

Chapter 43 in Handbook of Production Economics, 2022, pp 1651-1697 from Springer

Abstract: Abstract We review econometric studies that attempt to estimate the effects of management on production, being on output, productivity, or efficiency. We group the studies mainly by a methodological criterion: whether they treat management as a latent variable, whether they proxy it by some other variable(s), or whether they attempt to construct a direct measure of management and use it as a regressor in an econometric model. A large part of the literature uses data from small-size agriculture, while in recent years, national surveys have started to collect more systematically data related to management and management practices from various industries. Rather than being mentioned by telegraphic references, most of the studies presented are given a somewhat detailed summary so that the reader can acquire a good sense of the methodological choices made, the estimation techniques adopted, and the results obtained on the effects of management.

Keywords: Management; Production; Efficiency; Productivity (search for similar items in EconPapers)
JEL-codes: D24 M11 M20 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-10-3455-8_45

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DOI: 10.1007/978-981-10-3455-8_45

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