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Does Management Matter? Evidence from India

Dados Bibliográficos

ID23388200
AutoresNena Bloom (0000-0002-1600-7819), Nicholas Bloom, Benn Eifert, Anoop Mahajan (0000-0001-9448-180X), Aprajit Mahajan, David Mckenzie (0000-0002-1885-2426), John Roberts (0000-0002-0059-430X)
Ano2013
Volume128
Fascículo1
Páginas1-51
Data de publicação2013-02-01
Peer ReviewedSim
Open AccessNão
TipoARTICLE
PeriódicoThe Quarterly Journal of Economics (JOURNAL)
Identificadores do periódicoISSN: 0033-5533 • E-ISSN: 1531-4650
EditoraOxford University Press (OUP) (PUBLISHER)
DOI10.1093/qje/qjs044
OpenAlexW4214506270
IdiomaEN
Citações recebidas135
Referências citadas38

A long-standing question is whether differences in management practices across firms can explain differences in productivity, especially in developing countries where these spreads appear particularly large. To investigate this, we ran a management field experiment on large Indian textile firms. We provided free consulting on management practices to randomly chosen treatment plants and compared their performance to a set of control plants. We find that adopting these management practices raised productivity by 17% in the first year through improved quality and efficiency and reduced inventory, and within three years led to the opening of more production plants. Why had the firms not adopted these profitable practices previously? Our results suggest that informational barriers were the primary factor explaining this lack of adoption. Also, because reallocation across firms appeared to be constrained by limits on managerial time, competition had not forced badly managed firms to exit.

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Obras citantes distintas135
Citações por ano9,64
Intervalo de citações2012 - 2026 (15)
Velocidade de citaçãocurrent
Altamente citadoSim
Tipos de citaçãoNeutras: 131
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