Good Business Practices Improve Productivity in Myanmar’s Manufacturing Sector

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Standard

Good Business Practices Improve Productivity in Myanmar’s Manufacturing Sector. / Falco, Paolo; Hansen, Henrik; Rand, John; Tarp, Finn; Trifković, Neda.

I: Journal of Development Studies, Bind 59, Nr. 8, 2023, s. 1258-1282.

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningfagfællebedømt

Harvard

Falco, P, Hansen, H, Rand, J, Tarp, F & Trifković, N 2023, 'Good Business Practices Improve Productivity in Myanmar’s Manufacturing Sector', Journal of Development Studies, bind 59, nr. 8, s. 1258-1282. https://doi.org/10.1080/00220388.2023.2218002

APA

Falco, P., Hansen, H., Rand, J., Tarp, F., & Trifković, N. (2023). Good Business Practices Improve Productivity in Myanmar’s Manufacturing Sector. Journal of Development Studies, 59(8), 1258-1282. https://doi.org/10.1080/00220388.2023.2218002

Vancouver

Falco P, Hansen H, Rand J, Tarp F, Trifković N. Good Business Practices Improve Productivity in Myanmar’s Manufacturing Sector. Journal of Development Studies. 2023;59(8):1258-1282. https://doi.org/10.1080/00220388.2023.2218002

Author

Falco, Paolo ; Hansen, Henrik ; Rand, John ; Tarp, Finn ; Trifković, Neda. / Good Business Practices Improve Productivity in Myanmar’s Manufacturing Sector. I: Journal of Development Studies. 2023 ; Bind 59, Nr. 8. s. 1258-1282.

Bibtex

@article{0b5bbc1d57434eef957b6448d741ba76,
title = "Good Business Practices Improve Productivity in Myanmar{\textquoteright}s Manufacturing Sector",
abstract = "We investigate the relationship between business practices and enterprise productivity using panel data with matched employer and employee information from Myanmar. The data show that micro, small, and medium-sized manufacturing enterprises in Myanmar typically adopt only a few modern business practices, and the persistence in the use is extremely low. Even so, we find a positive and economically important association between business practices and productivity. Specifically, the empirical results show that a one standard deviation difference in applied business practices (equivalent to applying an additional 4 to 5 of the 20 business practices in focus) is associated with an 8–10 per cent difference in labour productivity. Utilising the employer–employee information to estimate Mincer-type wage regressions, we find that workers receive about half to two-thirds of the productivity gain in higher wages. Overall, our findings support the notion of business practices as a production technology, and we find that workers and managers split the productivity gains evenly.",
keywords = "Business practices, management, MSME, Myanmar, productivity",
author = "Paolo Falco and Henrik Hansen and John Rand and Finn Tarp and Neda Trifkovi{\'c}",
note = "Publisher Copyright: {\textcopyright} 2023 UNU-WIDER. Published by Informa UK Limited, trading as Taylor & Francis Group.",
year = "2023",
doi = "10.1080/00220388.2023.2218002",
language = "English",
volume = "59",
pages = "1258--1282",
journal = "Journal of Development Studies",
issn = "0022-0388",
publisher = "Taylor & Francis Online",
number = "8",

}

RIS

TY - JOUR

T1 - Good Business Practices Improve Productivity in Myanmar’s Manufacturing Sector

AU - Falco, Paolo

AU - Hansen, Henrik

AU - Rand, John

AU - Tarp, Finn

AU - Trifković, Neda

N1 - Publisher Copyright: © 2023 UNU-WIDER. Published by Informa UK Limited, trading as Taylor & Francis Group.

PY - 2023

Y1 - 2023

N2 - We investigate the relationship between business practices and enterprise productivity using panel data with matched employer and employee information from Myanmar. The data show that micro, small, and medium-sized manufacturing enterprises in Myanmar typically adopt only a few modern business practices, and the persistence in the use is extremely low. Even so, we find a positive and economically important association between business practices and productivity. Specifically, the empirical results show that a one standard deviation difference in applied business practices (equivalent to applying an additional 4 to 5 of the 20 business practices in focus) is associated with an 8–10 per cent difference in labour productivity. Utilising the employer–employee information to estimate Mincer-type wage regressions, we find that workers receive about half to two-thirds of the productivity gain in higher wages. Overall, our findings support the notion of business practices as a production technology, and we find that workers and managers split the productivity gains evenly.

AB - We investigate the relationship between business practices and enterprise productivity using panel data with matched employer and employee information from Myanmar. The data show that micro, small, and medium-sized manufacturing enterprises in Myanmar typically adopt only a few modern business practices, and the persistence in the use is extremely low. Even so, we find a positive and economically important association between business practices and productivity. Specifically, the empirical results show that a one standard deviation difference in applied business practices (equivalent to applying an additional 4 to 5 of the 20 business practices in focus) is associated with an 8–10 per cent difference in labour productivity. Utilising the employer–employee information to estimate Mincer-type wage regressions, we find that workers receive about half to two-thirds of the productivity gain in higher wages. Overall, our findings support the notion of business practices as a production technology, and we find that workers and managers split the productivity gains evenly.

KW - Business practices

KW - management

KW - MSME

KW - Myanmar

KW - productivity

U2 - 10.1080/00220388.2023.2218002

DO - 10.1080/00220388.2023.2218002

M3 - Journal article

AN - SCOPUS:85165635967

VL - 59

SP - 1258

EP - 1282

JO - Journal of Development Studies

JF - Journal of Development Studies

SN - 0022-0388

IS - 8

ER -

ID: 361593641