MARC Record from Library of Congress

LEADER: 02209cam a22002897a 4500
001 2008613875
003 DLC
005 20081206093009.0
007 cr |||||||||||
008 081205s2008 mou sb 000 0 eng
010 $a 2008613875
040 $aDLC$cDLC
050 00 $aHC10
245 00 $aModern management$h[electronic resource] :$bgood for the environment or just hot air? /$cNicholas Bloom ... [et al.]
260 $aLondon :$bCentre for Economic Performance, London School of Economics and Political Science,$cc2008.
490 0 $aCEP discussion paper ;$vno. 891
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file (viewed on Dec. 5, 2008).
500 $a"October 2008."
530 $aAlso available in print.
520 3 $aWe use an innovative methodology to measure management practices in over 300 manufacturing firms in the UK. We then match this management data to production and energy usage information for establishments owned by these firms. We find that establishments in better managed firms are significantly less energy intensive. They use less energy per unit of output, and also in relation to other factor inputs. This is quantitatively substantial: going from the 25th to the 75th percentile of management practices is associated with a 17.4% reduction in energy intensity. This negative relationship is robust to a variety of controls for industry, location, technology and other factor inputs. Better managed firms are also significantly more productive. One interpretation of these results is that well managed firms are adopting modern lean manufacturing practices, which allows them to increase productivity by using energy more efficiently. This suggests that improving the management practicesof manufacturing firms may help to reduce greenhouse gas emissions.
504 $aIncludes bibliographical references.
653 $aManagement ;$aenergy efficiency ;$aenergy intensity ;$aproductivity
700 1 $aBloom, Nick,$d1973-
710 2 $aLondon School of Economics and Political Science.$bCentre for Economic Performance.
856 40 $uhttp://cep.lse.ac.uk/pubs/download/dp0891.pdf