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Managerial Quality and Productivity Dynamics

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  • Achyuta Adhvaryu
  • Anant Nyshadham
  • Jorge A. Tamayo

Abstract

Which managerial skills, traits, and practices matter most for productivity? How does the observability of these features affect how appropriately they are priced into wages? Combining two years of daily, line-level production data from a large Indian garment firm with rich survey data on line managers, we find that several key dimensions of managerial quality, like attention, autonomy, and control, are important for learning-by-doing as well as for overall productivity, but are not commensurately rewarded in pay. Counterfactual simulations of our structural model show large gains from screening potential hires via psychometric measurement and training to improve managerial practices.

Suggested Citation

  • Achyuta Adhvaryu & Anant Nyshadham & Jorge A. Tamayo, 2019. "Managerial Quality and Productivity Dynamics," NBER Working Papers 25852, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:25852
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    Cited by:

    1. Bassi, Vittorio & Nyshadham, Anant & Tamayo, Jorge & Adhvaryu, Achyuta, 2020. "No Line Left Behind: Assortative Matching Inside the Firm," CEPR Discussion Papers 14554, C.E.P.R. Discussion Papers.
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    3. Martin Beraja & David Y Yang & Noam Yuchtman, 2023. "Data-intensive Innovation and the State: Evidence from AI Firms in China," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 90(4), pages 1701-1723.
    4. Roth, Christopher & Hager, Anselm & , & Stegmann, Andreas, 2021. "Voice and Political Engagement: Evidence From a Natural Field Experiment," CEPR Discussion Papers 16839, C.E.P.R. Discussion Papers.
    5. repec:hal:spmain:info:hdl:2441/7fsnj6af7v9ncrf76qn5p5on9e is not listed on IDEAS
    6. repec:spo:wpmain:info:hdl:2441/7fsnj6af7v9ncrf76qn5p5on9e is not listed on IDEAS
    7. repec:hal:wpspec:info:hdl:2441/7fsnj6af7v9ncrf76qn5p5on9e is not listed on IDEAS
    8. Amodio, Francesco & Martinez-Carrasco, Miguel, 2019. "Inputs, Incentives, and Self-selection At the Workplace," CEPR Discussion Papers 14213, C.E.P.R. Discussion Papers.
    9. Martin Beraja & David Y Yang & Noam Yuchtman, 2023. "Data-intensive Innovation and the State: Evidence from AI Firms in China," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 90(4), pages 1701-1723.
    10. Achyuta Adhvaryu & Namrata Kala & Anant Nyshadham, 2019. "Management and Shocks to Worker Productivity," NBER Working Papers 25865, National Bureau of Economic Research, Inc.

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    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

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