Management Matters

Michelle Alexopoulos

No 332, 2010 Meeting Papers from Society for Economic Dynamics

Abstract: New indications of managerial innovations are created and then used to show that changes in organizational technologies are an important source of economic growth. Specifically, the analysis demonstrates that, first, in response to a positive managerial technology shock, output, productivity and hours significantly increase in the short run, second, these types of innovations are as important as non-managerial ones in explaining movements in these variables at business cycle frequencies, and, third, product and process innovations promote the developmentof new managerial techniques.

Date: 2010
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Journal Article: Management matters (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:red:sed010:332

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