Are Management Practices Failing or Aiding the Private Sector in South America ?
An expanding body of literature has shown that better management practices can offer significant boosts to firms' productivity; this research illustrates that firms in South America are no exception. Using recent Enterprise Survey data from se...
| Main Authors: | , , |
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| Language: | English |
| Published: |
World Bank, Washington, DC
2019
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/929401552999310792/Are-Management-Practices-Failing-or-Aiding-the-Private-Sector-in-South-America http://hdl.handle.net/10986/31431 |
| Summary: | An expanding body of literature has
shown that better management practices can offer significant
boosts to firms' productivity; this research
illustrates that firms in South America are no exception.
Using recent Enterprise Survey data from seven countries in
South America (Argentina, Bolivia, Colombia, Ecuador,
Paraguay, Peru, and Uruguay), the paper explores the various
dimensions and drivers of management practices and analyzes
how they are related to productivity. This is an important
topic to investigate, given the lagging levels of
productivity growth in the region. If management practices
can boost firms’ productivity, this may be a cost-effective
way to accelerate economic growth. The results show that
improved management practices are associated with higher
levels of productivity in all countries, and it is the
impact of improved management specifically in larger firms
that is driving the overall results. Indeed, in some
countries, specifically Argentina, Paraguay, and Peru, it is
only among larger firms that there is a positive link
between management practices and productivity. |
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