Trade and Management

• 成果类型: Article
• 署名作者: Bloom, Nicholas; Manova, Kalina; Van Reenen, John; Sun, Stephen Teng; Yu, Zhihong
• 署名单位: Stanford University; University of London; University College London; University of London; London School Economics & Political Science; Massachusetts Institute of Technology (MIT); City University of Hong Kong; University of Nottingham
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/rest_a_00925
• 发表日期: 2021-07
• 页码: 443-460
• 关键词: multiproduct firms; QUALITY; product; LIBERALIZATION; inputs; IMPACT; GLOBALIZATION; INEQUALITY; prices; plants

摘要

We study how management practices shape export performance using matched production-trade-management data for Chinese and American firms and a randomized control trial in India. Better-managed firms are more likely to export, sell more products to more destinations, and earn higher export revenues and profits. They export higher-quality products at higher prices and lower quality-adjusted prices. They import a wider range of inputs and inputs of higher quality and price, from more advanced countries. We rationalize these patterns with a heterogeneous-firm model in which effective management improves performance by raising production efficiency and quality capacity.