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The Dynamics and Spillovers of Management Interventions: Evidence from the Training Within Industry Program

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  • Nicola Bianchi
  • Michela Giorcelli

Abstract

This paper examines the long-term and spillover effects of management interventions on firm performance. Under the Training Within Industry (TWI) program, the U.S. government provided management training to firms involved in war production between 1940 and 1945. Using a newly collected panel dataset on all 11,575 U.S. firms that applied to the program, we find that the TWI training had positive and long-lasting effects on firm performance and the adoption of beneficial managerial practices. Moreover, it generated complementarities among different types of training and had positive spillover effects on the supply chain of trained firms.

Suggested Citation

  • Nicola Bianchi & Michela Giorcelli, 2021. "The Dynamics and Spillovers of Management Interventions: Evidence from the Training Within Industry Program," NBER Working Papers 28833, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:28833
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    Cited by:

    1. Francesco Manaresi & Alessandro Palma & Luca Salvatici & Vincenzo Scrutinio, 2022. "Managerial input and firm performance. Evidence from a policy experiment," CEP Discussion Papers dp1871, Centre for Economic Performance, LSE.
    2. Bruhn,Miriam & Piza,Caio, 2022. "Missing Information : Why Don’t More Firms Seek Out Business Advice ?," Policy Research Working Paper Series 10183, The World Bank.
    3. Ethan Ilzetzki, 2023. "Learning by necessity: Government demand, capacity constraints, and productivity growth," Discussion Papers 2305, Centre for Macroeconomics (CFM).
    4. Lima, Gonçalo & Moeller, Jakob & Schmandt, Marco & Westheide, Christian, 2023. "The Dynamics and Spillovers of Management Interventions: A Comment on Bianchi and Giorcelli (2022)," I4R Discussion Paper Series 66, The Institute for Replication (I4R).
    5. Kieron Meagher & Andrew Wait, 2023. "Trust in management in organizations," IZA World of Labor, Institute of Labor Economics (IZA), pages 507-507, April.

    More about this item

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics
    • M5 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics
    • N34 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: 1913-
    • N64 - Economic History - - Manufacturing and Construction - - - Europe: 1913-
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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