G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w24718
来源IDWorking Paper 24718
Managing Trade: Evidence from China and the US
Nicholas Bloom; Kalina Manova; John Van Reenen; Stephen Teng Sun; Zhihong Yu
发表日期2018-06-18
出版年2018
语种英语
摘要We present a heterogeneous-firm model in which management ability increases both production efficiency and product quality. Combining six micro-datasets on management practices, production and trade in Chinese and American firms, we find broad support for the model's predictions. First, better managed firms are more likely to export, sell more products to more destination countries, and earn higher export revenues and profits. Second, better managed exporters have higher prices, higher quality, and lower quality-adjusted prices. Finally, they also use a wider range of inputs, higher quality and more expensive inputs, and imported inputs from more advanced countries. The structural estimates indicate that management is important for improving production efficiency and product quality in both countries, but it matters more in China than in the US, especially for product quality. Panel analysis for the US and a randomized control trial in India suggest that management exerts causal effects on product quality, production efficiency, and exports. Poor management practices may thus hinder trade and growth, especially in developing countries.
主题International Economics
URLhttps://www.nber.org/papers/w24718
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/582391
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GB/T 7714
Nicholas Bloom,Kalina Manova,John Van Reenen,et al. Managing Trade: Evidence from China and the US. 2018.
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