Prague Economic Papers 2013, 22(1):85-110 | DOI: 10.18267/j.pep.442

Organization and Firm Performance in the Czech Republic

©těpán Jurajda, Juraj Stančík
CERGE-EI, Charles University Prague and Academy of Sciences of the Czech Republic, Politických věznů 7, Prague 11121, Czech Republic (stepan.jurajda@cerge-ei.cz).

Many economic analyses use employer-employee data to compare wage and productivity differentials across demographic groups. We apply this approach to assess the importance of 'organizational' workers, i.e., managing and marketing personnel. The estimates based on 2000-2006 Czech worker-level data augmented with company balance sheet information suggest that these workers are important for company performance and that they are fairly rewarded for their relative productivity in terms of their relative pay. Foreign-owned companies feature higher shares of such workers who are more productive in these firms (relative to other employees) compared to domestically owned companies.

Keywords: linked employer-employee data, productivity differentials, organizational workers
JEL classification: O30, O32, O40, O52, R11

Published: January 1, 2013  Show citation

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Jurajda, ©., & Stančík, J. (2013). Organization and Firm Performance in the Czech Republic. Prague Economic Papers, 22(1), 85-110. doi: 10.18267/j.pep.442
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