The Guy at the Controls: Labor Quality and Power Plant Efficiency
In: International Differences in the Business Practices and Productivity of Firms
AbstractThis paper examines the impact of individual human operators on the fuel efficiency of power plants. Although electricity generation is a fuel and capital intensive enterprise, anecdotal evidence, interviews, and empirical analysis support the hypothesis that labor, particularly power plant operators, can have a non-trivial impact on the operating efficiency of the plant. We present evidence to demonstrate these effects and survey the policies and practices of electricity producing firms that either reduce or exacerbate fuel efficiency differences across individual plant operators.
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Other versions of this item:
- James B. Bushnell & Catherine Wolfram, 2007. "The Guy at the Controls: Labor Quality and Power Plant Efficiency," NBER Working Papers 13215, National Bureau of Economic Research, Inc.
- Bushnell, James & Wolfram, Catherine, 2009. "The Guy at the Controls: Labor Quality and Power Plant Efficiency," Staff General Research Papers 13137, Iowa State University, Department of Economics.
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
- L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
- M54 - Business Administration and Business Economics; Marketing; Accounting - - Personnel Economics - - - Labor Management
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