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Inside the black box: compensation structures of efficient Yugoslavian firms

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  • Klinedinst, Mark

Abstract

The main purpose of the research discussed in this paper has been to try to understand the main determinants of labor productivity within a firm from the perspective of the worker through a model and econometric application. Understanding why workers do the best they can or "just make time" is at the heart of the issue. The results indicate that on the basis of these data there is support for the hypothesis that an hierarchical effort function of the workers may indeed help explain variations in firm productivity.

Suggested Citation

  • Klinedinst, Mark, 1991. "Inside the black box: compensation structures of efficient Yugoslavian firms," MPRA Paper 36305, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:36305
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    File URL: https://mpra.ub.uni-muenchen.de/36305/1/MPRA_paper_36305.pdf
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    References listed on IDEAS

    as
    1. Brown, Charles & Medoff, James, 1978. "Trade Unions in the Production Process," Journal of Political Economy, University of Chicago Press, vol. 86(3), pages 355-378, June.
    2. Kim B. Clark, 1980. "Unionization and Productivity: Micro-Econometric Evidence," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 95(4), pages 613-639.
    3. Hausman, Jerry A & Taylor, William E, 1981. "Panel Data and Unobservable Individual Effects," Econometrica, Econometric Society, vol. 49(6), pages 1377-1398, November.
    4. Kiviet, Jan F., 1985. "Model selection test procedures in a single linear equation of a dynamic simultaneous system and their defects in small samples," Journal of Econometrics, Elsevier, vol. 28(3), pages 327-362, June.
    5. Taylor, William E., 1980. "Small sample considerations in estimation from panel data," Journal of Econometrics, Elsevier, vol. 13(2), pages 203-223, June.
    6. MaCurdy, Thomas E & Pencavel, John H, 1986. "Testing between Competing Models of Wage and Employment Determination in Unionized Markets," Journal of Political Economy, University of Chicago Press, vol. 94(3), pages 3-39, June.
    7. Jackson, Laurence Fraser, 1984. "Hierarchic Demand and the Engel Curve for Variety," The Review of Economics and Statistics, MIT Press, vol. 66(1), pages 8-15, February.
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    Cited by:

    1. Ferrier, Gary D. & Klinedinst, Mark & Linvill, Carl B., 1998. "Static and Dynamic Productivity among Yugoslav Enterprises: Components and Correlates," Journal of Comparative Economics, Elsevier, vol. 26(4), pages 805-821, December.

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    More about this item

    Keywords

    productivity; cooperatives; worker self-management; Yugoslavia;
    All these keywords.

    JEL classification:

    • P00 - Political Economy and Comparative Economic Systems - - General - - - General
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • P20 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - General
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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