TY  - BOOK
AU  - 
AU  - Bloom,Nick
ED  - London School of Economics and Political Science.
TI  - Modern management 10e
T2  - CEP discussion paper
AV  - HD31 C21
PY  - 2006///
CY  - London
PB  - Pearson 
KW  - Management
KW  - energy efficiency
KW  - energy intensity
KW  - productivity
N1  - Title from PDF file (viewed on Dec. 5, 2008); "October 2008."; Includes bibliographical references; Also available in print
N2  - We 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
UR  - http://cep.lse.ac.uk/pubs/download/dp0891.pdf
ER  -