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The Effects of Management on Production: A Survey of Empirical Studies

In: Handbook of Production Economics

Author

Listed:
  • Alecos Papadopoulos

    (Athens University of Economics and Business)

Abstract

We review econometric studies that attempt to estimate the effects of management on production, being on output, productivity, or efficiency. We group the studies mainly by a methodological criterion: whether they treat management as a latent variable, whether they proxy it by some other variable(s), or whether they attempt to construct a direct measure of management and use it as a regressor in an econometric model. A large part of the literature uses data from small-size agriculture, while in recent years, national surveys have started to collect more systematically data related to management and management practices from various industries. Rather than being mentioned by telegraphic references, most of the studies presented are given a somewhat detailed summary so that the reader can acquire a good sense of the methodological choices made, the estimation techniques adopted, and the results obtained on the effects of management.

Suggested Citation

  • Alecos Papadopoulos, 2022. "The Effects of Management on Production: A Survey of Empirical Studies," Springer Books, in: Subhash C. Ray & Robert G. Chambers & Subal C. Kumbhakar (ed.), Handbook of Production Economics, chapter 43, pages 1651-1697, Springer.
    • Handle: RePEc:spr:sprchp:978-981-10-3455-8_45
    DOI: 10.1007/978-981-10-3455-8_45
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    More about this item

    Keywords

    Management; Production; Efficiency; Productivity;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General

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