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...
| Publicado en: | RAND Journal of Economics (Wiley-Blackwell) Vol. 54; no. 1; pp. 165 - 187 |
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| Formato: | Artículo |
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Wiley-Blackwell
Mar2023
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=162398029&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 162398029 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 07416261 56RJ jtl: RAND Journal of Economics (Wiley-Blackwell) issn: 07416261 maglogo: Y pubinfo: dt: Mar2023 vid: 54 iid: 1 pid: 480 pub: Wiley-Blackwell artinfo: ui: 162398029 10.1111/1756-2171.12434 ppf: 165 ppct: 22 formats: fmt: – @attributes: type: T – @attributes: type: C – @attributes: type: P size: 586KB tig: atl: Management, productivity, and technology choices: evidence from U.S. mining schools. aug: au: Rubens, Michael affil: Department of Economics, University of California, Los Angeles, Los Angeles CA, , United States su: Pennsylvania School choice Coal mining Locomotives sug: subj: School choice Pennsylvania Support Activities for Coal Mining Contract drilling (except oil and gas) Railroad Rolling Stock Manufacturing Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers Coal mining Locomotives ab: 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 in which technology choices were important and managers plausibly influenced those choices. I study the entry of the first mining college graduates into coal mine management positions in Pennsylvania. Whereas the Hicks‐neutral productivity effect of these managers was negative and not significantly different from zero, their indirect productivity effect through electrical locomotive adoption was 3% on average. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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