Klinedinst, Mark (1991): Inside the black box: compensation structures of efficient Yugoslavian firms. Published in: Economic Analysis , Vol. 25, No. 4 (1991): pp. 363-383.
Download (162Kb) | Preview
The main purpose of the research discussed in this paper has been to try to understand the main determinants of labor productivity within a firm from the perspective of the worker through a model and econometric application. Understanding why workers do the best they can or "just make time" is at the heart of the issue. The results indicate that on the basis of these data there is support for the hypothesis that an hierarchical effort function of the workers may indeed help explain variations in firm productivity.
|Item Type:||MPRA Paper|
|Original Title:||Inside the black box: compensation structures of efficient Yugoslavian firms|
|Keywords:||productivity, cooperatives, worker self-management, Yugoslavia|
|Subjects:||P - Economic Systems > P0 - General > P00 - General
J - Labor and Demographic Economics > J0 - General > J01 - Labor Economics: General
P - Economic Systems > P2 - Socialist Systems and Transitional Economies > P20 - General
J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J24 - Human Capital; Skills; Occupational Choice; Labor Productivity
|Depositing User:||Mark Klinedinst|
|Date Deposited:||30. Jan 2012 23:42|
|Last Modified:||13. Feb 2013 04:51|
Bowles, S. "The Production Process in a Competitive Economy," American Economic Review, March 1985, 75:16-36.
Brown, C. and Medoff, J. "Trade Unions in the Production Process," Journal of Political Economy, March 1978, 86: 355- 79.
Clark, K.B. "Unionization and Productivity Micro-Econometric Evidence," Quarterly Journal of Economics, December 1980, pp. 613-39.
Denison, Edward F. Accounting for Slower Growth, Washington, D.C.: The Brookings Institution, 1979.
Ehrenberg, R.G., Sherman, D.R., and Schwartz, J.L. "Unions and Productivity in Municipal Public Libraries," mimeo., Cornell University,July, 1982.
Estrin, S. Self-Management: Economic Theory and Yugoslav Practice, Cambridge University Press, 1983.
Halter, A.N., Carter, H.O. and Hocking, J.G. "A Note on Transcendental Production Functions," Journal of Farm Economics, 1957, 39: 966-74.
Hausman, J. A., and Taylor, W. E. "Panel Data and Unobservable Individual Effects," Econometrica, 1981, 49:1377-98.
Horvat, B. Political Economy, M.E. Sharpe, 1979.
----"Yugoslav Economic Policy in the Post-War Period: Problems, Ideas, Institutional Developments," American Economic Review, 1971, 61: 69-169.
Jackson, L.F. "Hierarchic Demand and Engel Curve for Variety," Review of Economics and Statistics, February 1984, pp. 8-15.
Jones, D. and Svejnar J. Participation and Self-Managed Firms, D.C. Heath, 1982.
Kasoff, M.J. "Local Government in Yugoslavia and the Constitutional Reform of 1974," American Journal of Planning, October 1976.
Kiviet, Jan F. "Model Selection Test Procedures in a Single Linear Equation of a Dynamic Simultaneous System and Their Defects in Small Samples," Journal of Econometrics, 1985, 28:327-362.
Levitan, S.A. and Johnson, C.M. Second Thoughts on Work, Upjohn Institute for Employment Research, 1982.
MaCurdy, T. E. and Pencavel, J.H. "Testing Between Competing Models of Wage and Employment Determination in Unionised Markets," Journal of Political Economy, 1986, 94:53-59
Naples, M.I. "Industrial Conflict and Its Implications for Productivity Growth," American Economic Review, May 1981.
Nelson, R.R. "Research on Productivity Growth and Productivity Differences: Dean Ends and New Departures," Journal of Economic Literature, September 1981, 29: 1029-1064.
"The New Industrial Relations," Business Week, May 11, 1980, pp. 96-8.
Prasnikar, J. "The Yugoslav Self-Managed Enterprise and Factors of its Efficiency," Economic Analysis, 1983.
----"The Yugoslav Self-Managed Firm," Eastern European Economics, Winter, 1984.
----Svejnar, J. and Klinedinst, M. "Structural Factors and Productive Efficiency in Yugoslav Self-Managed Firms," mimeo., Cornell University, 1988.
Svejnar, J. and Jones, D. "Participation, Profit Sharing, Worker Ownership and Efficiency in Italian Producer Cooperatives," Economica, 1985.
----"Employee Participation in Management, Bargaining Power and Wages," European Economic Review, July 1982, pp. 291-303.
Taylor, W.E. "Small Sample Consideration in Estimation From Panel Data," Journal of Econometrics, 1980, 13:203-23.
Vanek, J. The Participatory Economy, Cornell University Press, 1971.
---- and Jovicic, M. "The Capital Market and Income Distribution in Yugoslavia: A Theoretical and Empirical Analysis," Quarterly Journal of Economics, 1975, vol. 89.
Wu, D. "Alternative Tests of Independence Between Stochastic Regressors and Disturbances," Econometrica, 41: 733-750.
Zellner, A., Kmenta J., and Dreze J. "Specification and Estimation of Cobb-Douglas Production Function Models," Econometrica, October 1966, 34: 784-795.