Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/55094 
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dc.contributor.authorBhattacharya, Dhritimanen
dc.contributor.authorGuner, Nezihen
dc.contributor.authorVentura, Gustavoen
dc.date.accessioned2012-01-11-
dc.date.accessioned2012-02-07T10:47:59Z-
dc.date.available2012-02-07T10:47:59Z-
dc.date.issued2011-
dc.identifier.piurn:nbn:de:101:1-201110053372en
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
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x5963en
dc.subject.jelO40en
dc.subject.jelE23en
dc.subject.ddc330en
dc.subject.keyworddistortionsen
dc.subject.keywordsizeen
dc.subject.keywordskill investmentsen
dc.subject.keywordproductivity differencesen
dc.subject.stwFührungskräfteen
dc.subject.stwBildungsinvestitionen
dc.subject.stwÖkonomischer Anreizen
dc.subject.stwBetriebsgrößeen
dc.subject.stwProduktivitäten
dc.subject.stwVergleichen
dc.subject.stwUSAen
dc.subject.stwJapanen
dc.titleDistortions, endogenous managerial skills and productivity differences-
dc.typeWorking Paperen
dc.identifier.ppn682731625en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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