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The Value of Managers' Export Experience: Lessons from the Angolan Civil War

Mion, Giordano; Opromolla, Luca David; Sforza, Alessandro; Ornelas, Emanuel; Ottaviano, Gianmarco; Overman, Henry; Pisch, Frank

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Authors

Luca David Opromolla

Alessandro Sforza

Emanuel Ornelas

Gianmarco Ottaviano

Henry Overman

Frank Pisch



Abstract

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.

Citation

Mion, G., Opromolla, L. D., Sforza, A., Ornelas, E., Ottaviano, G., Overman, H., & Pisch, F. (in press). The Value of Managers' Export Experience: Lessons from the Angolan Civil War. Review of Economics and Statistics, https://doi.org/10.1162/rest_a_01278

Journal Article Type Article
Acceptance Date Sep 26, 2022
Online Publication Date Nov 15, 2022
Deposit Date Oct 21, 2022
Publicly Available Date Mar 28, 2024
Journal The Review of Economics and Statistics
Print ISSN 0034-6535
Electronic ISSN 1530-9142
Peer Reviewed Peer Reviewed
DOI https://doi.org/10.1162/rest_a_01278
Keywords Economics and Econometrics; Social Sciences (miscellaneous)
Public URL https://nottingham-repository.worktribe.com/output/12622882

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