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dc.contributor.authorBhattacharya, Dhritimanen_US
dc.contributor.authorGuner, Nezihen_US
dc.contributor.authorVentura, Gustavoen_US
dc.date.accessioned2012-01-11en_US
dc.date.accessioned2012-02-07T10:47:59Z-
dc.date.available2012-02-07T10:47:59Z-
dc.date.issued2011en_US
dc.identifier.piurn:nbn:de:101:1-201110053372-
dc.identifier.urihttp://hdl.handle.net/10419/55094-
dc.description.abstractWe develop a span-of-control model where managerial skills are endogenous and the outcome of investments over the life cycle of managers. We calibrate this model to U.S plant-size data to quantify the effects of distortions that are correlated with the size of production units. These distortions lead to sharp reductions in plant productivity and the fraction of employment in large plants, with a quantitatively important role for managerial investments. We find that the model can account quite well for properties of Japanese size-distribution data, with a model-implied TFP of about 83% of the U.S. Distortions are critical in accounting for the differences in size distribution between the U.S. and Japan.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesDiscussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5963en_US
dc.subject.jelO40en_US
dc.subject.jelE23en_US
dc.subject.ddc330en_US
dc.subject.keyworddistortionsen_US
dc.subject.keywordsizeen_US
dc.subject.keywordskill investmentsen_US
dc.subject.keywordproductivity differencesen_US
dc.subject.stwFührungskräfteen_US
dc.subject.stwBildungsinvestitionen_US
dc.subject.stwÖkonomischer Anreizen_US
dc.subject.stwBetriebsgrößeen_US
dc.subject.stwProduktivitäten_US
dc.subject.stwVergleichen_US
dc.subject.stwUSAen_US
dc.subject.stwJapanen_US
dc.titleDistortions, endogenous managerial skills and productivity differencesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn682731625en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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