The Effect of Labor-Management Complementarities on Production and Efficiency When Management Is Paid but Labor Is Not Paid

I measure the effect of differences in labor-management complementarities (LMCs) on differences in production and efficiency when management is paid but labor is not paid. I find that differences in LMCs are positively associated with differences in production and efficiency. This result implies tha...

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Bibliographic Details
Published inEastern economic journal Vol. 44; no. 4; pp. 535 - 557
Main Author Carter, Kelly E.
Format Journal Article
LanguageEnglish
Published London Springer Science + Business Media 01.09.2018
Palgrave Macmillan UK
Palgrave Macmillan
Subjects
Economic theory
Economic Theory/Quantitative Economics/Mathematical Methods
Economics
Economics and Finance
Efficiency
Human resource management
Original Article
efficiency
NCAA basketball
complementarities
team production
J24
L83
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Summary:I measure the effect of differences in labor-management complementarities (LMCs) on differences in production and efficiency when management is paid but labor is not paid. I find that differences in LMCs are positively associated with differences in production and efficiency. This result implies that relatively stronger LMCs are associated with relatively greater production and efficiency even in the absence of compensation for one factor of production.
ISSN:0094-5056
1939-4632
DOI:10.1057/s41302-018-0110-0