What is good management, and how is it transmitted across firms and plants? In a recent paper, we use survey and administrative data, coupled with a structural model of management, to explore these questions. We show that well-managed manufacturing firms - that is, firms that adopt more structured management practices described below - not only open and acquire more plants, but also close and sell more plants.

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13 August 2025

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Liberty Street Economics

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https://libertystreeteconomics.newyorkfed.org/2025/08/how-firms-spread-good-management/

This Blog is published under the centre's Growth programme.

This publication comes under the following theme: Management practices and productivity