VoxDev:
Management and the wealth of nations
18 January 2018
Article by John Van Reenen
A 15-year survey of 12,000 firms across 34 countries shows that management practices explain a large share of productivity gaps. Income differences between rich and poor countries remain staggering, and these inequalities are in good part due to unexplained productivity gaps (what economists call total factor productivity, or TFP for short).
Related links
Management Practices and Organisational Structures research webpage: http://cep.lse.ac.uk/_new/research/growth/management_practices_and_organisational_structures.asp