The Effects of Management Practices on Productivity: Evidence from Baseball Team Production
AbstractThis paper studies the effects of various management practices on production efficiency by using panel data set of baseball teams. Particularly, we are interested in the effects of work force characteristics (age of workers, age variations, roster stability, and worker's talent disparity) on team production, since construction of roster (the player distribution decision) is a major part of team management every off-season. It finds that efficiency differences caused from management are considerably larger than those from coaching ability. Additionally, neither positive nor negative peer effects are found since the playing talent disparity does not influence statistically significantly on team efficiency. Another empirical finding is the negative correlation between the intrinsic ability of manager and hitter's age. It is implied that either an efficient manager tends to prefer young workers, or young workers makes their manager more efficient. That is, excellent leadership operates better when working forces are young.
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Bibliographic InfoPaper provided by Research Institute for Market Economy, Sogang University in its series Working Papers with number 1005.
Length: 41 pages
Date of creation: 2010
Date of revision: 2010
management practice; production efficiency; baseball team; productivity disparity;
Find related papers by JEL classification:
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
- M12 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Personnel Management; Executives; Executive Compensation
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