THE VALUE OF MANAGERS' EXPORT EXPERIENCE:LESSONS FROM THE ANGOLAN CIVIL WAR

• 成果类型: Article
• 署名作者: Mion, Giordano; Opromolla, Luca David; Sforza, Alessandro
• 署名单位: ESSEC Business School; University of Nottingham; North Carolina State University; Banco de Portugal; University of Bologna
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/rest_a_01278
• 发表日期: 2025-03
• 页码: 580-587
• 关键词: diamonds; TRADE

摘要

We investigate how managers help firms grow by entering a new export market. We conduct an event study on the decision to export to Angola using data on Portuguese firms and workers. We evaluate the impact of the presence of managers with experience in exporting to the Angolan market on a firm's entry success in the aftermath of an exogenous shock: the sudden end of the Angolan civil war. We show that the presence of managers doubles the probability of a firm entering the market. We do not find any significant impact on the intensive margin of exports.