Recent advances in the empirics of organizational economics

Annual Review of Economics

Volumn 2, Issue , 2010, Pages 105-137

  Bloom, Nicholas ^a   Sadun, Raffaella ^b   Van Reenen, John ^c  

^a STANFORD UNIVERSITY   (United States)

^b HARVARD BUSINESS SCHOOL   (United States)

^c LONDON SCHOOL OF ECONOMICS   (United Kingdom)

Author keywords

Decentralization; Management; Organization; Productivity

Indexed keywords

EID: 79952600811     PISSN: 19411383     EISSN: 19411391     Source Type: Journal    
DOI: 10.1146/annurev.economics.050708.143328     Document Type: Article

References (99)

1. Acemoglu D, Aghion P, Lelarge S, Van Reenen J, Zilibotti F. 2007. Technology, information and the decentralization of the firm. Q. J. Econ. 122(4):1759-99
2. Ackerberg D, Benkard L, Berry S, Pakes A. 2007. Econometric tools for analyzing market outcomes. In Handbook of Econometrics, Vol. 6A, ed. J Heckman, E Leamer, pp. 1-127. Amsterdam: North-Holland
3. Aghion P, Caroli E, Garcia-Penalosa C. 1999. Inequality and economic growth: the perspective of the new growth theories. J. Econ. Lit. 37(4):1615-60
4. Aghion P, Tirole J. 1997. Formal and real authority in organizations. J. Polit. Econ. 105(1):1-29 (Pubitemid 127575269)
5. Alonso R, Dessein W, Matouschek N. 2008. When does coordination require centralization? Am. Econ. Rev. 98(1):145-79
6. Asch B. 1990. Do incentives matter? The case of Navy recruiters. Ind. Labor Relat. Rev. 43:89-107
7. Askenazy P. 2001. Innovative workplace practices and occupational injuries and illnesses in the United States. Econ. Ind. Democr. 22(4):485-516 (Pubitemid 33727273)
8. Athey S, Stern S. 1998. An empirical framework for testing theories about complementarity in organizational design. NBER Work. Pap. 6600
9. Atkeson A, Kehoe PJ. 2005. Modeling and measuring organization capital. J. Polit. Econ. 113(5):1026-53 (Pubitemid 41522857)
10. Autor D, Levy F, Murnane R. 2003. The skill content of recent technological change: an empirical exploration. Q. J. Econ. 118(4):1279-334
11. Aw B, Roberts M, Xu D. 2008. R&D investments, exporting, and the evolution of firm productivity. Am. Econ. Rev. 98(2):451-56
12. Baily M, Hulten C, Campbell D. 1992. Productivity dynamics in manufacturing plants. Brookings Pap. Econ. Activity Microecon. 1992:187-267
13. Baker G, Gibbons R, Murphy K. 1999. Informal authority in organizations. J. Law Econ. Organ. 15(1):56-73
14. Baker G, Hubbard T. 2004. Contractibility and asset ownership: on board computers and governance in US trucking. Q. J. Econ. 119(4):1443-79 (Pubitemid 39636919)
15. Bandiera O, Barankay I, Rasul I. 2009. Social connections and incentives in the workplace: evidence from personnel data. Econometrica 77(4):1047-94
16. Bartel A, Ichinowski C, Shaw K. 2007. How does information technology really affect productivity? Plant-level comparisons of product innovation, process improvement and worker skills. Q. J. Econ. 122(4):1721-58
17. Bartelsman E, Dhrymes P. 1998. Productivity dynamics: U. S. manufacturing plants 1972-1986. J. Prod. Anal. 9(1):5-33
18. Bartelsman E, Doms M. 2000. Understanding productivity: lessons from longitudinal microdata. J. Econ. Lit. 38(3):569-94
19. Bartelsman E, Haltiwanger J, Scarpetta S. 2008. Cross country differences in productivity: the role of allocative efficiency. Unpublished manuscript, Univ. Maryland
20. Bennedsen M, Nielson K, Pérez-González F, Wolfenzon D. 2007. Inside the family firm: the role of families in succession decisions and performance. Q. J. Econ. 122(2):647-91
21. Bertrand M, Schoar A. 2006. The role of family in family firms. J. Econ. Perspect. 20(2):73-96 (Pubitemid 44270735)
22. Black S, Lynch L. 2001. How to compete: the impact of workplace practices and information technology on productivity. Rev. Econ. Stat. 83(3):434-45
23. Bloom N, Eifert B, Mahajan A, McKenzie D, Roberts J. 2009a. Does management matter? Evidence from India. Unpublished manuscript, Stanford Univ.
24. Bloom N, Garicano L, Sadun R, Van Reenen J. 2009b. The distinct effects of information technology and communication technology on firm organization. Center Econ. Perform. Discuss. Pap. 927
25. Bloom N, Genakos C, Martin R, Sadun R. 2008. Modern management: good for the environment or just hot air? NBERWork. Pap. 14394
26. Bloom N, Genakos C, Sadun R, Van Reenen J. 2009c. Does management matter? New empirics and old theories. Unpublished manuscript, London School Econ./Stanford Univ.
27. Bloom N, Kretschmer T, Van Reenen J. 2009d. Work-life balance, management practices and productivity. In International Differences in the Business Practice and Productivity of Firms, ed. R Freeman, K Shaw, pp. 15-54, Chicago: Univ. Chicago Press
28. Bloom N, Propper C, Seiler S, Van Reenen J. 2009e. The impact of competition on management quality: evidence from public hospitals. Unpublished manuscript, Stanford Univ./London School Econ.
29. Bloom N, Sadun R, Van Reenen J. 2007. Americans do IT better: American multinationals and the productivity miracle. NBER Work. Pap. 13085
30. Bloom N, Sadun R, Van Reenen J. 2009f. The organization of firms across countries. Center Econ. Perform. Discuss. Pap. 937
31. Bloom N, Sadun R, Van Reenen J. 2010. Does product market competition lead firms to decentralize? Am. Econ. Rev. In press
32. Bloom N, Van Reenen J. 2006. Measuring and explaining management practices across firms and countries. Center Econ. Perform. Work. Pap. 716
33. Bloom N, Van Reenen J. 2007. Measuring and explaining management practices across firms and countries. Q. J. Econ. 122(4):1341-408
34. Bolton P, Dewatripont M. 1994. The firm as a communication network. Q. J. Econ. 109(4):809-39
35. Bresnahan T, Brynjolfsson E, Hitt L. 2002. Information technology, workplace organization and the demand for skilled labor: firm-level evidence. Q. J. Econ. 117(1):339-76
36. Brynjolffson E, Hitt L. 2003. Computing productivity: firm-level evidence. Rev. Econ. Stat. 85(4):793-808 (Pubitemid 37417018)
37. Cappelli P, Neumark D. 1999. Do 'high performance' work practices improve establishment-level outcomes? NBER Work. Pap. 7374
38. Caroli E, Van Reenen J. 2001. Skill biased organizational change. Q. J. Econ. 116(4):1449-92
39. Caselli F. 2005. Accounting for cross country income differences. in Handbook of Economic Growth, ed. P Aghion, S Durlauf, pp. 679-741. Amsterdam: North-Holland
40. Chandler A. 1962. Strategy and Structure: Chapters in the History of the Industrial Enterprise. Cambridge: MIT Press
41. Colombo M, Delmastro M. 2004. Delegation of authority in business organizations: an empirical test. J. Ind. Econ. 52(1):53-80 (Pubitemid 38516502)
42. Corrado C, Hulten C, Sichel D. 2006. Intangible capital and economic growth. NBER Work. Pap. 11948
43. Courty P, Marshke G. 2004. An empirical investigation of gaming responses to performance incentives. J. Labor Econ. 22(1):23-56 (Pubitemid 38492018)
44. Criscuolo C, Haskel J, Martin R. 2003. Building the evidence base for productivity policy using business data linking. Econ. Trends 600:39-51
45. Di Nardo J, Lee D. 2004. Economic impacts of new unionization on private sector employers: 1984-2001. Q. J. Econ. 119:1383-441 (Pubitemid 39636918)
46. Foster L, Haltiwanger J, Syverson C. 2008. Reallocation, firm turnover and efficiency: selection on productivity or profitability. Am. Econ. Rev. 98(1):394-425
47. Foster L, Krizan C, Haltiwanger J. 2006. Market selection, reallocation and restructuring in the U. S. retail trade sector in the 1990s. Rev. Econ. Stat. 88(4):748-58 (Pubitemid 44728721)
48. Freeman R, Kleiner M. 2005. The last American shoe manufacturers: decreasing productivity and increasing profits in the shift from piece rates to continuous flow production. J. Ind. Relat. 44(2):307-30 (Pubitemid 40518263)
49. Freeman R, Medoff J. 1984. What Do Unions Do? New York: Basic Books
50. Garicano L. 2000. Hierarchies and the organization of knowledge in production. J. Polit. Econ. 108(5):874-904
51. Garicano L, Rossi-Hansberg E. 2006. Organization and inequality in a knowledge economy. Q. J. Econ. 121(4):1383-435 (Pubitemid 44888177)
52. Gibbons R, Roberts J, eds. 2010. The Handbook of Organizational Economics. Princeton, NJ: Princeton Univ. Press. In press
53. Gibrat R. 1931. Les Inegalites Economiques. Paris: Sirey
54. Greif A. 1994. Cultural beliefs and the organization of society: a historical and theoretical reflection on collectivist and individualistic societies. J. Polit. Econ. 102(5):912-50
55. Griffith R, Neely A. 2009. Incentives and managerial experience in multi-task teams: evidence from within a firm. J. Labor Econ. 27(1):49-82
56. Griliches Z. 1996. The discovery of the residual: a historical note. J. Econ. Lit. 34(3):1324-30 (Pubitemid 126420571)
57. Guadalupe M, Wulf J. 2010. The flattening firm and product market competition: the effects of trade costs and liberalization. Am. Econ. J. Appl. Econ. In press
58. Guiso L, Sapienza P, Zingales L. 2006. Does culture affect economic outcomes? J. Econ. Perspect. 20(2):23-48 (Pubitemid 44270733)
59. Guiso L, Sapienza P, Zingales L. 2009. Cultural biases in economic exchange. Q. J. Econ. 124(3):1095-131
60. Hall B. 2003. Innovation and diffusion. In The Oxford Handbook of Innovation, ed. J Fagerberg, D Mowery, R Nelson, pp. 459-84. Oxford: Oxford Univ. Press
61. Helpman E, Melitz M, Yeaple S. 2004. Export versus FDI with heterogeneous firms. Am. Econ. Rev. 94(1):300-16 (Pubitemid 38671025)
62. Hopenhayn H. 1992. Entry, exit, and firm dynamics in long run equilibrium. Econometrica 60:1127-50
63. Hsieh C-T, Klenow P. 2009. Misallocation and manufacturing TFP in China and India. Q. J. Econ. 124(4):1403-48
64. Ichinowski C, Shaw K, Prenushi G. 1997. The effects of human resource management: a study of steel finishing lines. Am. Econ. Rev. 291-313
65. Jorgenson DW, Ho MS, Stiroh KJ. 2008. A retrospective look at the US productivity growth resurgence. J. Econ. Perspect. 22(1):3-24
66. Kaldor N. 1934. The equilibrium of the firm. Econ. J. 44(173):60-76
67. Klette T, Griliches Z. 1996. The inconsistency of common scale estimators when output prices are unobserved and endogenous. J. Appl. Econ. 11:343-61 (Pubitemid 126704157)
68. Knack S, Keefer P. 1997. Does social capital have an economy payoff? A cross-country investigation. Q. J. Econ. 12(4):1251-88
69. Kwoka J, Ravenscraft D. 1986. Cooperation versus rivalry: price-cost margins by line of business. Economica 53:351-64
70. Laeven L, Woodruff P. 2007. The quality of the legal system, firm ownership, and firm size. Rev. Econ. Stat. 89(4):601-14
71. Lazear E. 2000. Performance pay and productivity. Am. Econ. Rev. 90(5):1346-61
72. Lazear E, Oyer P. 2010. Personnel economics. See Gibbons & Roberts 2010
73. Lev B, Radhakrishnan S. 2004. The valuation of organization capital. NYU Stern School of Business Work. Pap.
74. Lucas RE Jr. 1978. On the size distribution of business firms. Bell J. Econ. 9:508-23
75. Marin D, Verdier T. 2008. Corporate hierarchies and the size of nations: theory and evidence. Unpublished manuscript, Paris School Econ.
76. Melitz M. 2003. The impact of trade on intra-industry reallocations and aggregate industry productivity. Econometrica 71(6):1695-725
77. Milgrom P, Roberts J. 1990. The economics of modern manufacturing: technology, strategy, and organization. Am. Econ. Rev. 80(3):511-28
78. Mookherjee D. 2006. Decentralization, hierarchies and incentives: a mechanism design approach. J. Econ. Lit. 44(2):367-90 (Pubitemid 44270744)
79. Mundlak Y. 1961. Empirical production function free of management bias. J. Farm Econ. 43:44-56
80. Nickell S, Nicolitsas D, Patterson M. 2001. Does doing badly encourage innovation? Oxf. Bull. Econ. Stat. 63(1):5-28 (Pubitemid 33256013)
81. Olley S, Pakes A. 1996. The dynamics of productivity in the telecommunications equipment industry. Econometrica 64(6):1263-98
82. Oyer P. 1998. Fiscal year ends and nonlinear incentive contracts: the effect on business seasonality. Q. J. Econ. 113(1):149-85 (Pubitemid 128345656)
83. Pavcnik N. 2002. Trade liberalization, exit, and productivity improvement: evidence from Chilean plants. Rev. Econ. Stud. 69:245-76 (Pubitemid 34179824)
84. Penrose ET. 1959. Theory of the Growth of the Firm. New York: Wiley & Sons
85. Pérez-González F. 2006. Inherited control and firm performance. Am. Econ. Rev. 96(5):1559-88
86. Prendergast C. 2002. The tenuous trade-off between risk and incentives. J. Polit. Econ. 110(5):1071-102 (Pubitemid 35295028)
87. Prescott EC, Visscher M. 1980. Organization capital. J. Polit. Econ. 88(3):446-61
88. Putnam R. 1993. Making Democracy Work: Civic Traditions in Modern Italy. Princeton, NJ: Princeton Univ. Press
89. Radner R. 1993. The organization of decentralized information processing. Econometrica 61(5):1109-46
90. Rajan R, Wulf J. 2006. The flattening firm: evidence from panel data on the changing nature of corporate hierarchies. Rev. Econ. Stat. 88(4):759-73 (Pubitemid 44728722)
91. Salter WG. 1960. Productivity and Technical Change. Cambridge, UK: Cambridge Univ. Press
92. Shearer B. 2004. Piece rates, fixed wages and incentives: evidence from a field experiment. Rev. Econ. Stud. 71(2):513-34 (Pubitemid 38527522)
93. Stiroh K. 2004. Reassessing the role of IT in the production function: a meta analysis. Unpublished manuscript, Federal Reserve Bank of New York
94. Syverson C. 2004a. Market structure and productivity: a concrete example. J. Polit. Econ. 112(6):1181-222 (Pubitemid 40106860)
95. Syverson C. 2004b. Product substitutability and productivity dispersion. Rev. Econ. Stat. 86(2):534-50 (Pubitemid 38614012)
96. Thesmar D, Thoenig M. 1999. From flexibility to insecurity: how vertical separation amplifies firmlevel uncertainty. J. Eur. Econ. Assoc. 5(6):1161-202
97. Thesmar D, Thoenig M. 2000. Creative destruction and organization change. Q. J. Econ. 115(4):1201-37
98. Van Biesebroeck J. 2007. Complementarities in automobile production. J. Appl. Econ. 22:1315-45
99. Woodward J. 1958. Management and Technology. Cambridge, UK: Cambridge Univ. Press