主題:Learning by hiring: Manager experience and firm exports(通過雇傭來學習:高管經驗與企業出口)
主講人:林曙,複旦大學經濟學院教授
日期:2017年3月22日(周三)
時間:上午10:00-11:30
地點:清華Betvictor中文版4号樓101教室
語言:英文
摘要:
We open the black box of the export spillover effects documented in the literature by identifying one specific channel through which firms can learn from existing exporters. In particular, we explore the role of firm managers in transferring export-related knowledge from previous employers to current employers. To do so, we hand-collect detailed individual level information about top managers and directors for all Chinese listed firms and merge it with the Chinese custom data. The merged dataset allows us to identify each manager's previous exporting experience at the highly disaggregated destination-product-year level. Our results show that managers' previous exporting experience is an important determinant of their current employers' exporting behavior. Hiring a new manager who has knowledge of a particular product (foreign market) is associated with a significant increase in a firm's probability (volume) of exporting the same product (to the same destination).
主講人簡介:
Shu Li is a professor of finance at Fudan University. He also serves as Chair of the Department of International Finance and Director of the Research Center for Money and Finance at Fudan. His main research fields include international finance and monetary policy. His work appears in both international and Chinese academic journals. He is currently interested in Chinese monetary and macroeconomic issues.