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Back on the rails : competition and productivity in state-owned industry

出版	na, 2010
URL	http://books.google.com.hk/books?id=07UMuAAACAAJ&hl=&source=gbs_api

註釋

We use a proprietary data set on the floor-level operations at the Bhilai Rail and Structural Mill in India to understand the determinants of changes in plant productivity in 2000-2003. During this period there was a 35 percent increase in output with minimal changes in factors of production, but sizable reductions in production delays. We model interruptions to the production process and find that a large part of these reductions are attributable to training. Our results suggest that specific knowledge-enhancing investments can have very high returns, and that the threat of competition provides powerful incentives to undertake such investments.