How you pay matters: performance-related pay and learning by exporting
Abstract
This paper argues that the extent of learning by exporting (LBE) depends on which pay system a new exporting firm pre-adopts. This is because performance-related pay enhances the absorptive capacity of new exporting firms by meeting the increased demand for labor quantity and quality. To empirically examine the argument, I use the Korean firm-level survey of business activities from 2006 to 2015, which provides information that identifies the...
Paper Details
Title
How you pay matters: performance-related pay and learning by exporting
Published Date
Feb 15, 2020
Journal
Volume
60
Issue
5
Pages
2455 - 2475
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