Publication:
Convergence to the Managerial Frontier

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dc.contributor.authorSarrias, Mauricio
dc.contributor.authorMaloney, William F.
dc.date.accessioned2014-04-10T20:29:31Z
dc.date.available2014-04-10T20:29:31Z
dc.date.issued2014-03
dc.description.abstractUsing detailed survey data on management practices, this paper uses recent advances in unconditional quantile analysis to study the changes in the within country distribution of management quality associated with country convergence to the managerial frontier. It then decomposes the contribution of potential explanatory factors to the distributional changes. The United States emerges as the frontier country, not because of better management on average, but because its best firms are far better than those of its close competitors. Part of the process of convergence to the frontier across the development process represents a trimming of the left tail, much is movement of the central mass and, for rich countries, it is actually the best firms that lag the frontier benchmark. Among potential explanatory variables that may drive convergence, ownership and human capital appear critical, the former especially for poorer countries and that latter for richer countries suggesting that the mechanics of convergence change across the process. These variables lose their explanatory power as firm and average country management quality rises. Hence, once in the advanced country range, the factors that improve management quality are less easy to document and hence influence.en
dc.identifierhttp://documents.worldbank.org/curated/en/2014/03/19305148/convergence-managerial-frontier
dc.identifier.doi10.1596/1813-9450-6822
dc.identifier.urihttps://hdl.handle.net/10986/17736
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 6822
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectAFFILIATED ORGANIZATIONS
dc.subjectBENCHMARK
dc.subjectCOLLEGE GRADUATES
dc.subjectCOMPANY
dc.subjectCOMPETITIVE ADVANTAGE
dc.subjectCOMPETITIVENESS
dc.subjectCOMPETITORS
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT POLICY
dc.subjectDRIVERS
dc.subjectECONOMETRICS
dc.subjectECONOMICS RESEARCH
dc.subjectEMPLOYEE
dc.subjectEXPORTS
dc.subjectFIRM LEVEL
dc.subjectFIRM PRODUCTIVITY
dc.subjectFIRM SIZE
dc.subjectFIRM TURNOVER
dc.subjectFIRMS
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN RESOURCE
dc.subjectHUMAN RESOURCES
dc.subjectINCOME
dc.subjectINFORMAL SECTOR
dc.subjectINNOVATION
dc.subjectJOINT VENTURES
dc.subjectLABOR ECONOMICS
dc.subjectLABOR MARKETS
dc.subjectLABOR PRODUCTIVITY
dc.subjectM2
dc.subjectMACROECONOMICS
dc.subjectMANAGEMENT TECHNIQUES
dc.subjectMULTINATIONAL
dc.subjectOWNERSHIP STRUCTURE
dc.subjectOWNERSHIP STRUCTURES
dc.subjectPERFORMANCE MANAGEMENT
dc.subjectPERFORMANCE MONITORING
dc.subjectPERFORMANCE PAY
dc.subjectPREVIOUS DISCUSSION
dc.subjectPRIVATE EQUITY
dc.subjectPRIVATE FIRM
dc.subjectPRODUCT INNOVATION
dc.subjectPRODUCT MARKET
dc.subjectPRODUCT MARKET COMPETITION
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY DISPERSION
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPROFIT MARGINS
dc.subjectPROFITABILITY
dc.subjectSHAREHOLDER
dc.subjectSHAREHOLDERS
dc.subjectSIZE OF FIRMS
dc.subjectVENTURE CAPITAL
dc.subjectWAGE DIFFERENTIALS
dc.subjectWAGE DISCRIMINATION
dc.subjectWORKERS
dc.titleConvergence to the Managerial Frontieren
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.crossref.titleConvergence to the Managerial Frontier
okr.date.disclosure2014-03-01
okr.date.doiregistration2025-04-10T09:15:06.478698Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2014/03/19305148/convergence-managerial-frontier
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeSocial Protection and Labor
okr.globalpracticeFinance and Markets
okr.guid925191468325272296
okr.identifier.doi10.1596/1813-9450-6822
okr.identifier.externaldocumentum000158349_20140327150400
okr.identifier.internaldocumentum19305148
okr.identifier.reportWPS6822
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/03/27/000158349_20140327150400/Rendered/PDF/WPS6822.pdfen
okr.topicFinance and Financial Sector Development::Microfinance
okr.topicMacroeconomics and Economic Growth::Investment and Investment Climate
okr.topicSocial Protections and Labor::Labor Markets
okr.topicSocial Protections and Labor::Labor Policies
okr.topicEconomic Theory and Research
okr.unitMacroeconomics and Growth Team, Development Research Group
okr.volume1 of 1
relation.isAuthorOfPublicationc7d4d195-f430-5039-b564-a3e95b24a117
relation.isAuthorOfPublication.latestForDiscoveryc7d4d195-f430-5039-b564-a3e95b24a117
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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