Abstract

http://ssrn.com/abstract=1758439
 
 

References (47)



 
 

Citations (3)



 


 



Managers' Mobility, Trade Status, and Wages


Giordiano Mion


affiliation not provided to SSRN

Luca David Opromolla


Bank of Portugal; UECE - Research Unit on Complexity in Economics

February 1, 2011

CEPR Discussion Paper No. DP8230

Abstract:     
This paper investigates whether the arrival of managers with export experience, i.e. experience acquired through participation in the export activity of previous employers, is related to firms' international trade status and to what extent this relationship is of a causal nature. We construct a worker-firm matched panel dataset which enables us to track managers across different firms over time and observe firms' trading stance as well as a large set of workers' and firms' characteristics. Contrary to blue and white collars, we find that managers are paid a sizeable premium for export experience which has both a level and a trend component. Conditioning for the firm past trade status, we find that a one standard deviation increase in the firm's share of managers' with export experience corresponds to about 35% more chances of starting to export. The impact is stronger for larger firms and is roughly of the same order of magnitude of the firm productivity effect. On the contrary, export experience acquired by managers from previous employers positively affects the capacity to keep exporting in small firms only. To give a causality flavor to our findings, we use in a final step an IV strategy that mimics a random matching between managers with export experience and firms. IV estimations indicate that export experience matters even more for entry while it has no effect on exit.

Number of Pages in PDF File: 56

Keywords: Displacement, Export experience, Managers, Trade status, Wage premia, Worker mobility

JEL Classification: F10, J31, J60, L25, M50

working papers series





Date posted: February 9, 2011  

Suggested Citation

Mion, Giordiano and Opromolla, Luca David, Managers' Mobility, Trade Status, and Wages (February 1, 2011). CEPR Discussion Paper No. DP8230. Available at SSRN: http://ssrn.com/abstract=1758439

Contact Information

Giordiano Mion (Contact Author)
affiliation not provided to SSRN ( email )
Luca David Opromolla
Bank of Portugal ( email )
Rua Francisco Ribeiro, 2
Lisbon, 1150-165
Portugal
UECE - Research Unit on Complexity in Economics ( email )
ISEG/UTL, Rua Miguel Lupi 20
Lisboa, 1249-078
Portugal
Feedback to SSRN


Paper statistics
Abstract Views: 269
Downloads: 4
References:  47
Citations:  3

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo1 in 0.516 seconds