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Autor:innen: 
Erscheinungsjahr: 
2021
Schriftenreihe/Nr.: 
UCD Centre for Economic Research Working Paper Series No. WP21/01
Verlag: 
University College Dublin, UCD Centre for Economic Research, Dublin
Zusammenfassung: 
Teamwork is growing in developed economies, and workers in teams are increasingly compensated according to team output. Because parsing individual contributions to teamwork is difficult, I focus on scholarly economics research, which lists contributing authors. I use turnover to identify team value-added: an author's average output quality conditional on the value-added of coauthors. Linking the universe of scholarly economic research output to publicly available payroll records, I study the effect of value-added on salaries. Strikingly, coauthors' value-added has a greater effect on salaries than does own value-added, suggesting the value of professional networks dominates the effect of discounting contributions based on coauthor quality. Moreover, authors are compensated for the solo-authored output of their coauthors - which can not be reasonably attributed to them - demonstrating the value of professional networks.
Schlagwörter: 
human capital
teamwork
productivity
performance pay
non-partite networks
JEL: 
J16
J24
J33
J44
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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