| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w29591 |
| 来源ID | Working Paper 29591 |
| Do Well Managed Firms Make Better Forecasts? | |
| Nicholas Bloom; Takafumi Kawakubo; Charlotte Meng; Paul Mizen; Rebecca Riley; Tatsuro Senga; John Van Reenen | |
| 发表日期 | 2021-12-27 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | We link a new UK management survey covering 8,000 firms to panel data on productivity in manufacturing and services. There is a large variation in management practices, which are highly correlated with productivity, profitability and size. Uniquely, the survey collects firms’ micro forecasts of their own sales and also macro forecasts of GDP. We find that better managed firms make more accurate micro and macro forecasts, even after controlling for their size, age, industry and many other factors. We also show better managed firms appear aware that their forecasts are more accurate, with lower subjective uncertainty around central values. These stylized facts suggest that one reason for the superior performance of better managed firms is that they knowingly make more accurate forecasts, enabling them to make superior operational and strategic choices. |
| 主题 | Labor Economics |
| URL | https://www.nber.org/papers/w29591 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587264 |
| 推荐引用方式 GB/T 7714 | Nicholas Bloom,Takafumi Kawakubo,Charlotte Meng,et al. Do Well Managed Firms Make Better Forecasts?. 2021. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w29591.pdf（1165KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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