The Dynamics and Spillovers of Management Interventions: Evidence from the Training Within Industry Program

79 Pages Posted: 30 Sep 2019 Last revised: 1 May 2021

See all articles by Nicola Bianchi

Nicola Bianchi

Northwestern University - Kellogg School of Management; National Bureau of Economic Research (NBER)

Michela Giorcelli

University of California - Los Angeles; National Bureau of Economic Research (NBER)

Multiple version iconThere are 2 versions of this paper

Date Written: August 6, 2020

Abstract

This paper examines the long-term and spillover effects of management interventions on firm performance. Under the Training Within Industry (TWI) program, the U.S. government provided management training to firms involved in war production between 1940 and 1945. Using a newly collected panel dataset on all 11,575 U.S. firms that applied to the program, we find that the TWI training had positive and long-lasting effects on firm performance and the adoption of beneficial managerial practices. Moreover, it generated complementarities among different types of training and had positive spillover effects on the supply chain of trained firms.

Keywords: management training, productivity, human capital, world war II

JEL Classification: L2, M2, N34, N64, O32, O33

Suggested Citation

Bianchi, Nicola and Giorcelli, Michela, The Dynamics and Spillovers of Management Interventions: Evidence from the Training Within Industry Program (August 6, 2020). Available at SSRN: https://ssrn.com/abstract=3457878 or http://dx.doi.org/10.2139/ssrn.3457878

Nicola Bianchi (Contact Author)

Northwestern University - Kellogg School of Management ( email )

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Michela Giorcelli

University of California - Los Angeles ( email )

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