Ei saatavilla suomeksi
Giordano Mion
- 6 February 2017
- WORKING PAPER SERIES - No. 2014Details
- Abstract
- This paper aims to derive a methodology to decompose aggregate revenue TFP changes over time into four different components
- JEL Code
- E32 : Macroeconomics and Monetary Economics→Prices, Business Fluctuations, and Cycles→Business Fluctuations, Cycles
O47 : Economic Development, Technological Change, and Growth→Economic Growth and Aggregate Productivity→Measurement of Economic Growth, Aggregate Productivity, Cross-Country Output Convergence
D24 : Microeconomics→Production and Organizations→Production, Cost, Capital, Capital, Total Factor, and Multifactor Productivity, Capacity - Network
- Competitiveness Research Network
- 15 October 2013
- WORKING PAPER SERIES - No. 1596Details
- Abstract
- Knowledge is key to the success of a firm. Firms and their managers acquire knowledge via channels which are often difficult to track down and quantify. By matching employer-employee data with trade data at the firm level we show that the export experience acquired by managers in previous firms leads their current firm towards higher export performance, and commands a sizeable wage premium for the manager. Export knowledge is decisive when it is market-specific: managers with experience related to markets served by their current firm receive an even higher wage premium; firms are more likely to enter markets where their managers have experience; exporters are more likely to stay in those markets, and their sales are on average higher. Our findings are robust to controlling for endogeneity. The impact of managers' export experience on a firm's export performance is at least as strong as that of firm productivity.
- JEL Code
- M2 : Business Administration and Business Economics, Marketing, Accounting→Business Economics
L2 : Industrial Organization→Firm Objectives, Organization, and Behavior
F16 : International Economics→Trade→Trade and Labor Market Interactions
J31 : Labor and Demographic Economics→Wages, Compensation, and Labor Costs→Wage Level and Structure, Wage Differentials
J62 : Labor and Demographic Economics→Mobility, Unemployment, Vacancies, and Immigrant Workers→Job, Occupational, and Intergenerational Mobility - Network
- Competitiveness Research Network