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Economics with policy - International seminar series

Start: 11/12/2015 14:00
End: 11/12/2015 16:00
Location: Budapest XI., Budaörsi út 45. VIII/807. conference room

Description

Lecture:

Luca David Opromolla /Banco de Portugal/
Productivity and Organization in Portuguese Firms

Abstract:
The productivity of firms is, at least partly, determined by a firm’s actions and decisions. One of these decisions involves the organization of production in terms of the number of layers of management the firm decides to employ. Using detailed employer-employee matched data and firm production quantity and input data for Portuguese firms, we study the endogenous response of revenue-based and quantity-based productivity to a change in layers: a firm reorganization. We show that as a result of an exogenous demand or productivity shock that makes the firm reorganize and add a management layer, quantity based productivity increases by about 4%, while revenue-based productivity drops by between 3 and 5%. Such a reorganization makes the firm more productive, but also increases the quantity produced to an extent that lowers the price charged by the firm and, as a result, its revenue-based productivity.

Call for Papers - The Role of State in Varieties of Capitalism - 29-30 November 2021

Call for Papers - The Role of State in Varieties of Capitalism - 29-30 November 2021Deadline for abstract submission: 30 July, 2021; abstracts (max. 300 words) are expected via easychair system.

Halpern 70 conference - 17 June 2021

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Call for Papers - 12th Annual Financial Market Liquidity Conference - Budapest, Hungary 11-12th November 2021

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