TY  - JOUR
AU  - Ichniowski,Casey
AU  - Shaw,Kathryn L.
TI  - Insider Econometrics: Empirical Studies of How Management Matters
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 15618
PY  - 2009
Y2  - December 2009
UR  - http://www.nber.org/papers/w15618
L1  - http://www.nber.org/papers/w15618.pdf
N1  - Author contact info:
Casey Ichniowski
Graduate School of Business
3022 Broadway Street, 713 Uris Hall
Columbia University
New York, NY 10027
Tel: 212/854-4433
Fax: 212/316-9355
E-Mail: bei1@columbia.edu

Kathryn L. Shaw
Graduate School of Business
Stanford University
Stanford, CA  94305-5015
Tel: 650/725-4168
Fax: 650/725-0468
E-Mail: kathryns@gsb.stanford.edu
AB  - This paper describes an approach for conducting empirical research into three interrelated questions that are fundamental to the field of organizational economics: 
1.	Why do firms in the same industry adopt different management practices?
2.	Does the adoption of a new management practice raise productivity? 
3.	If so, why does the new management practice raise productivity?
This research approach, which we term insider econometrics, addresses these questions by combining insights from industry insiders with rigorous econometric tests about the adoption and productivity effects of new management practices using rich industry-specific data.  Understanding the selectivity in the adoption and coverage of different management practices within a single industry is central to this empirical research methodology.  The paper considers a number of studies to illustrate persuasive features of insider econometric research and summarizes a number of themes emerging from this line of research.
ER  -