Management, productivity, and technology choices: evidence from U.S. mining schools.
A key difference between managers and other production inputs is that managers choose the other inputs. Modelling management as a Hicks‐neutral productivity shifter, which is a common practice, omits the productivity returns from these input decisions. I illustrate this through a historical episode...
| Published in: | RAND Journal of Economics (Wiley-Blackwell) Vol. 54; no. 1; pp. 165 - 187 |
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| Format: | Article |
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Wiley-Blackwell
Mar2023
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| Online Access: | View this record in EBSCOhost |