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Modern Management

Good for the Environment or Just Hot Air

Bibliographic Data

ID9712383
AuthorsNena Bloom (0000-0002-1600-7819, Stanford University), Nicholas Bloom (Stanford University), Christos Genakos (0000-0002-0147-8108, Cambridge University and Centre for Economic Performance), Ralf Martin (0000-0001-6467-1442, London School of Economics and Political Science), Raffaella Sadun (0000-0002-0987-8923, Harvard Business School and Centre for Economic Performance)
Year2010
Volume120
Issue544
Pages551-572
Publication date2010-05-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Economic Journal (JOURNAL)
Journal identifiersISSN: 0013-0133 • E-ISSN: 1468-0297
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.1111/j.1468-0297.2010.02351.x
OpenAlexW1592715243
LanguageEN
Citations received15
References cited23

We use an innovative methodology to measure management practices in over 300 manufacturing firms in the UK. We then match this management data to production and energy usage information for establishments owned by these firms. We find that establishments in better managed firms are significantly less energy intensive. This effect is quantitatively substantial: going from the 25th to the 75th percentile of management practices is associated with a 17.4% reduction in energy intensity. Better managed firms are also significantly more productive. These results suggest that management practices that are associated with improved productivity are also linked to lower greenhouse gas emissions. Copyright © The Author(s). Journal compilation © Royal Economic Society 2010

Agricultural economics · Business · Economic growth · Economics · Energy (signal processing · Energy management · Environmental economics · Environmental resource management · Greenhouse gas · Industrial organization · Measure (data warehouse · Microeconomics · Natural resource economics · Operations management · Percentile · Production (economics · Productivity · Climate Change Policy and Economics · Computer Science · Energy Efficiency and Management · Environmental Sustainability in Business

  • Why Do Management Practices Differ across Firms and Countries

    Open Access•Nena Bloom, Nicholas Bloom et al.•The Journal of Economic…•2010

  • Does Management Matter? Evidence from India

    Nena Bloom, Nicholas Bloom et al.•The Quarterly Journal of Economics•2013

  • On the green and innovative side of trade competitiveness? The impact of environmental policies and innovation on EU exports

    Open Access•Valeria Costantini, Massimiliano Mazzanti•Research Policy•2012

  • Why Is Pollution from US Manufacturing Declining? The Roles of Environmental Regulation, Productivity, and Trade

    Joseph S Shapiro, Joseph Shapiro et al.•American Economic Review•2018

  • Developing Rural Entrepreneurs through Start-up Village Entrepreneurship Programme

    Open Access•Arvind Arahant, Narender Kumar•Journal of Social Inclusion Studies•2024

  • An economic analysis of United States public transit carbon emissions dynamics

    Open Access•Robert Huang, Matthew E Kahn•Regional Science and Urban…•2024

  • What's Holding Back the Private Sector in Mena

    Open Access•European Bank for Reconstruction and Development, European Investment Bank et…•2016

  • Product standards and margins of trade

    Open Access•Lionel Fontagné, Gianluca Orefice et al.•Journal of International Economics•2015

  • Can Artificial Intelligence Improve the Energy Efficiency of Manufacturing Companies? Evidence from China

    Open Access•Jun Liu, Liu Jun et al.•International Journal of…•2022

  • The Impact of Intermediate Goods Imports on Energy Efficiency

    Open Access•Xiang Yu, Yu Xiang et al.•International Journal of…•2022

  • Digital transformation and carbon performance

    Open Access•Lingyun He, Kunxian Chen et al.•Environment Development and…•2023

  • Green tangible investment strategies and export performance

    Open Access•Roberto Antonietti, Alberto Marzucchi•Ecological Economics•2014

  • Can Peers Improve Agricultural Revenue

    Open Access•Tisorn Songsermsawas, Kathy Baylis et al.•World Development•2016

  • The Impact of Management Practices on Employee Productivity

    Greer K Gosnell, John A List et al.•Journal of Political Economy•2019

  • Management and Shocks to Worker Productivity

    Achyuta Adhvaryu, Namrata Kala et al.•Journal of Political Economy•2021

  • How Does Information Technology Affect Productivity? Plant-Level Comparisons of Product Innovation, Process Improvement, and Worker Skills

    Ann P Bartel, A Bartel et al.•The Quarterly Journal of Economics•2007

  • Measuring Expectations

    Open Access•Charles F Manski•Econometrica•2004

  • Estimating Production Functions Using Inputs to Control for Unobservables

    James Levinsohn, Amil Petrin•The Review of Economic Studies•2003

  • The Dynamics of Productivity in the Telecommunications Equipment Industry

    G Steven Olley, Ariel Pakes•Econometrica•1996

  • How to Compete

    Sandra E Black, Lisa M Lynch•The Review of Economics and…•2001

  • Investment in Energy Efficiency

    Stephen J Decanio, William Watkins et al.•The Review of Economics and…•1998

  • Environmental Regulation and Productivity

    Eli Berman, Linda Bui et al.•The Review of Economics and…•2001

  • Pollution abatement expenditures and plant-level productivity

    Open Access•Ronald J Shadbegian, Wayne B Gray•Ecological Economics•2005

  • Economies of Scale in U.S. Electric Power Generation

    Laurits R Christensen, William H Greene•Journal of Political Economy•1976

  • The Impacts of Environmental Regulations on Industrial Activity

    Madison Greenstone, Michael Greenstone•Journal of Political Economy•2002

  • Using the ARD Establishment Level Data to Look at Foreign Ownership and Productivity in the United Kingdom

    Open Access•Rachel Griffith•The Economic Journal•1999

  • Measuring and Explaining Management Practices Across Firms and Countries

    Nick Bloom, John Van Reenen•National Bureau of Economic…•2006

  • Why Do Management Practices Differ across Firms and Countries

    Open Access•Nena Bloom, Nicholas Bloom et al.•The Journal of Economic…•2010

  • Do "High-Performance" Work Practices Improve Establishment-Level Outcomes

    Peter Cappelli, David Neumark•Industrial and Labor Relations…•2001

Unique citing works15
Citations per year0,94
Citation span2010 - 2024 (15)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 14

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