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Trade and Management

Manova, K; Bloom, N; Van Reenen, J; Sun, S; Yu, Z; (2020) Trade and Management. The Review of Economics and Statistics 10.1162/rest_a_00925. (In press). Green open access

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We study how management practices shape export performance using matched productiontrade-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.

Type: Article
Title: Trade and Management
Open access status: An open access version is available from UCL Discovery
DOI: 10.1162/rest_a_00925
Publisher version: https://doi.org/10.1162/rest_a_00925
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Management, exports, product quality, productivity
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics
URI: https://discovery.ucl.ac.uk/id/eprint/10092330
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