Does competition raise productivity through improving management quality?

被引:61
|
作者
Van Reenen, John [1 ,2 ]
机构
[1] Ctr Econ Performance, London, England
[2] London Sch Econ, London, England
关键词
Management; Productivity; Organization; INFORMATION TECHNOLOGY; US; TRADE; FIRM; DYNAMICS; ORGANIZATION; INCENTIVES; LESSONS; IMPACT; LABOR;
D O I
10.1016/j.ijindorg.2011.02.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
A classic question in industrial organization is whether competition raises productivity and if so, through what mechanism? I discuss recent empirical evidence from both large-scale databases and specific industries which suggests that tougher competition does indeed raise productivity and one of the main mechanisms is through improving management practices. To establish this, I report on new research seeking to quantify management. I relate this to theoretical perspectives on the economics of competition and management, arguing that management should be seen at least in part as a transferable technology. A range of recent econometric studies suggests that (i) competition increases management quality and (ii) improved management quality boosts productivity. (C) 2011 Elsevier B.V. All rights reserved.
引用
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页码:306 / 316
页数:11
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