Publication:
Rules and Regulations, Managerial Time and Economic Development

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dc.contributor.authorTamkoç, M. Nazim
dc.contributor.authorVentura, Gustavo
dc.date.accessioned2024-05-06T14:04:09Z
dc.date.available2024-05-06T14:04:09Z
dc.date.issued2024-05-06
dc.description.abstractThis paper documents that senior plant managers in less-developed countries spend more time dealing with government rules and regulations than their counterparts in richer countries. These facts are interpreted through the lens of a span-of-control growth model, in which top managers run heterogeneous production plants, employing middle managers as well as production workers. The model implies that increasing the time burden on top management leads to equilibrium changes in wages, occupational sorting, the size distribution of production plants and ultimately, to a reduction in aggregate output. These consequences hold even when the time burden is symmetric across all plants. Quantitative results show that increasing the burden on managers’ time from the levels observed in Denmark to the higher levels observed in poorer countries have substantial consequences. Imposing the average time spent on regulations in Argentina reduces aggregate output by about 1/3 and mean plant size by more than 5 employees. Results contribute to rationalizing differences in plant size and output across countries via a channel hitherto unexplored in the literature.en
dc.identifierhttp://documents.worldbank.org/curated/en/099904405032412007/IDU148367d1e1418d148701abac1989a8a914819
dc.identifier.doi10.1596/1813-9450-10761
dc.identifier.urihttps://hdl.handle.net/10986/41501
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesPolicy Research Working Paper; 10761
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectMANAGERS
dc.subjectTIME TAX
dc.subjectECONOMIC DEVELOPMENT
dc.subjectPLANT SIZE
dc.subjectDISTORTIONS
dc.titleRules and Regulations, Managerial Time and Economic Developmenten
dc.typeWorking Paper
dspace.entity.typePublication
okr.crossref.titleRules and Regulations, Managerial Time and Economic Development
okr.date.disclosure2024-05-06
okr.date.doiregistration2025-04-29T02:38:13.854268Z
okr.date.lastmodified2024-05-03T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099904405032412007/IDU148367d1e1418d148701abac1989a8a914819
okr.guid099904405032412007
okr.identifier.docmidIDU-48367d1e-418d-4870-abac-989a8a914819
okr.identifier.doi10.1596/1813-9450-10761
okr.identifier.doihttps://doi.org/10.1596/1813-9450-10761
okr.identifier.externaldocumentum34313235
okr.identifier.internaldocumentum34313235
okr.identifier.reportWPS10761
okr.import.id4065
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099904405032412007/pdf/IDU148367d1e1418d148701abac1989a8a914819.pdfen
okr.region.geographicalWorld
okr.topicGovernance::Governance and the Financial Sector
okr.topicMacroeconomics and Economic Growth::Consumption
okr.topicSocial Protections and Labor::Employment and Unemployment
okr.topicIndustry::Industrial Management
okr.unitEnterprise Analysis-WB (DECEA)
okr.unitGlobal Indicators Group - IFC (DECIG)
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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