Does competition raise productivity through improving management quality?

Van Reenen, John ORCID: 0000-0001-9153-2907 (2010) Does competition raise productivity through improving management quality? CEP discussion papers (1036). London School of Economics and Political Science. Centre for Economic Performance, London, UK.

Full text not available from this repository.

Abstract

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 suggest that (i) competition increases management quality and (ii) improved management quality boosts productivity.

Item Type:	Monograph (Discussion Paper)
Official URL:	http://cep.lse.ac.uk/_new/publications/abstract.as...
Additional Information:	© 2010 The Author
Divisions:	Economics Centre for Economic Performance
Subjects:	H Social Sciences > HB Economic Theory
JEL classification:	L - Industrial Organization > L2 - Firm Objectives, Organization, and Behavior M - Business Administration and Business Economics; Marketing; Accounting > M2 - Business Economics O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O32 - Management of Technological Innovation and R&D O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O33 - Technological Change: Choices and Consequences; Diffusion Processes
Date Deposited:	05 Apr 2011 15:16
Last Modified:	16 May 2024 11:53
URI:	http://eprints.lse.ac.uk/id/eprint/33888

Actions (login required)

View Item