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Organization and Firm Performance in the Czech Republic

Author

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  • Štěpán Jurajda
  • Juraj Stančík

Abstract

Many economic analyses use employer-employee data to compare wage and productivity differentials across demographic groups. We apply this approach to assess the importance of ´organizational´ workers, i.e., managing and marketing personnel. The estimates based on 2000-2006 Czech worker-level data augmented with company balance sheet information suggest that these workers are important for company performance and that they are fairly rewarded for their relative productivity in terms of their relative pay. Foreign-owned companies feature higher shares of such workers who are more productive in these firms (relative to other employees) compared to domestically owned companies.

Suggested Citation

  • Štěpán Jurajda & Juraj Stančík, 2013. "Organization and Firm Performance in the Czech Republic," Prague Economic Papers, University of Economics, Prague, vol. 2013(1), pages 85-110.
  • Handle: RePEc:prg:jnlpep:v:2013:y:2013:i:1:id:442:p:85-110
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    References listed on IDEAS

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    Cited by:

    1. Eva Litavcová & Robert Bucki & Róbert Štefko & Petr Suchánek & Sylvia Jenčová, 2015. "Consumer’s Behaviour in East Slovakia after Euro Introduction during the Crisis," Prague Economic Papers, University of Economics, Prague, pages 332-353.
    2. Renata Skýpalová & Renata Kučerová & Veronika Blašková, 2016. "Development of the Corporate Social Responsibility Concept in Small and Medium-Sized Enterprises," Prague Economic Papers, University of Economics, Prague, pages 287-303.
    3. Ondřej Machek & Jiří Hnilica, 2015. "Hodnocení vlivu zastoupení rodiny ve vlastnické a řídící struktuře firem na jejich finanční výkonnost pomocí metody zkoumání shody párů
      [Evaluating the Impact of Family Presence in Ownership and Ma
      ," Politická ekonomie, University of Economics, Prague, vol. 2015(3), pages 347-362.

    More about this item

    Keywords

    linked employer-employee data; productivity differentials; organizational workers;

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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