Managers' mobility, trade performance, and wages.

Autor/inn/en	Mion, Giordano; Opromolla, Luca David
Institution	Europäische Zentralbank
Titel	Managers' mobility, trade performance, and wages. Gefälligkeitsübersetzung: Mobilität von Führungskräften, Handel und Löhne.
Quelle	Frankfurt, Main (2013), 51 S. PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Reihe	European Central Bank. Working paper series. 1596
Sprache	englisch
Dokumenttyp	online; Monographie
ISSN	1725-2806
Schlagwörter	Erfahrungswissen; Außenhandel; Export; Lohn; Unternehmen; Unternehmenserfolg; Zwischenbetriebliche Mobilität; Arbeitsmobilität; Arbeitsplatzwechsel; Qualifikationserwerb; Zusatzqualifikation; Auswirkung; Führungskraft; Ausland; Portugal
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. (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2014/2