Americans Do IT Better: US Multinationals and the Productivity Miracle

Americans Do IT Better: US Multinationals and the Productivity Miracle
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DOI:
10.1257/aer.102.1.167
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发表时间:
2012-02-01
影响因子:
10.7
通讯作者:
Van Reenen, John
Van Reenen, John
中科院分区:
经济学1区
文献类型:
--
作者:
Bloom, Nicholas;Sadun, Raffaella;Van Reenen, John

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美国生产率增长在1995年后加速(与欧洲不同),尤其是在密集使用信息技术(IT)的行业。使用两个新的微型面板数据集,我们发现在欧洲运营的美国跨国公司也经历了“生产率奇迹”。与非美国跨国公司相比,美国跨国公司从IT获得了更高的生产率,特别是在对美国生产率加速负有责任的相同行业。此外,被美国跨国公司(但不是非美国跨国公司)接管的机构提高了他们的IT生产率。结合泛欧洲公司级别的IT数据和我们的管理实践调查,我们发现,美国与IT相关的生产率优势主要源于其更严格的“人员管理”实践。
US productivity growth accelerated after 1995 (unlike Europe's), particularly in sectors that intensively use information technologies (IT). Using two new micro panel datasets we show that US multinationals operating in Europe also experienced a "productivity miracle." US multinationals obtained higher productivity from IT than non-US multinationals, particularly in the same sectors responsible for the US productivity acceleration. Furthermore, establishments taken over by US multinationals (but not by non-US multinationals) increased the productivity of their IT. Combining pan-European firm-level IT data with our management practices survey, we find that the US IT related productivity advantage is primarily due to its tougher "people management" practices.