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Productivity, Capital, and Labor in Labor-Managed and Conventional Firms

An Investigation on French Data

Datos Bibliográficos

ID4573236
AutoresFathi Fakhfakh (0000-0003-1249-5736, Université Paris-Panthéon-Assas), Virginie Pérotin (0000-0002-8016-3015), Monica Gago (0000-0002-3109-8915), Mónica Gago García (0000-0002-2193-1221)
Año2012
Volumen65
Número4
Páginas847-879
Fecha de publicación2012-10-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaIndustrial and Labor Relations Review (JOURNAL)
Identificadores de la revistaISSN: 0019-7939 • E-ISSN: 2162-271X
EditorialSAGE Publications Inc (PUBLISHER)
DOI10.1177/001979391206500404
OpenAlexW1523761552
IdiomaEN
Citas recibidas25
Referencias citadas46

Using two new data sets from France, the authors present the first study of the comparative productivity of labor-managed and conventional firms involving large representative samples of firms in a range of industries including services. Their study offers new stylized facts on labor-managed firms, and disentangles incentive effects from those of differences in input demand behavior on factor elasticities. Contrary to received wisdom, labor-managed firms are not smaller than conventional firms; they grow as fast or faster in all industries. The two groups of firms organize production differently. Labor-managed firms are as productive as conventional firms, or more productive, in all industries, and use their inputs efficiently; but in several industries conventional firms would produce more with their current input levels if they organized production like labor-managed firms. On average overall, firms would produce more using the labor-managed firms' industry-specific technologies. Labor-managed firms do not produce at inefficiently low scales

Business · Capital (architecture) · Economics · Incentive · Industrial organization · Labor cost · Labor demand · Labour economics · Market economy · Microeconomics · Production (economics) · Productivity · Stylized fact · Wage · Economic Growth and Productivity · Firm Innovation and Growth · Labor market dynamics and wage inequality

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Obras citantes distintas25
Citas por año2,08
Intervalo de citas2014 - 2026 (13)
Velocidad de citacióncurrent
Altamente citadoNo
Tipos de citaNeutras: 23
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