The Effects of Management Practices on Productivity: Evidence from Baseball Team Production
This 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.
|Date of creation:||2010|
|Date of revision:||2010|
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