IDEAS home Printed from https://ideas.repec.org/a/aea/aejapp/v16y2024i4p404-43.html
   My bibliography  Save this article

Customer Capital Spillovers: Evidence from Sales Managers in International Markets

Author

Listed:
  • Bérengère Patault
  • Clémence Lenoir

Abstract

Expanding their customer base is crucial for firms to grow. This paper leverages sales managers' job-to-job transitions to better understand how buyer-seller relationships form. Combining unique French firm-to-firm trade data with matched employer-employee data, we perform an event study analysis that exploits the timing of sales managers' transitions from one firm to another for identification. We find recruiting a sales manager increases by 36 percent the probability to export to the buyers of her former firm. The expansion of the firm's customer base is detrimental to the buyer's former suppliers. Yet business stealing is partial; job-to-job transitions are not zero-sum.

Suggested Citation

  • Bérengère Patault & Clémence Lenoir, 2024. "Customer Capital Spillovers: Evidence from Sales Managers in International Markets," American Economic Journal: Applied Economics, American Economic Association, vol. 16(4), pages 404-443, October.
  • Handle: RePEc:aea:aejapp:v:16:y:2024:i:4:p:404-43
    DOI: 10.1257/app.20220572
    as

    Download full text from publisher

    File URL: https://www.aeaweb.org/doi/10.1257/app.20220572
    Download Restriction: no

    File URL: https://doi.org/10.3886/E193084V1
    Download Restriction: no

    File URL: https://www.aeaweb.org/doi/10.1257/app.20220572.appx
    Download Restriction: no

    File URL: https://www.aeaweb.org/doi/10.1257/app.20220572.ds
    Download Restriction: Access to full text is restricted to AEA members and institutional subscribers.

    File URL: https://libkey.io/10.1257/app.20220572?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • D25 - Microeconomics - - Production and Organizations - - - Intertemporal Firm Choice: Investment, Capacity, and Financing
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aea:aejapp:v:16:y:2024:i:4:p:404-43. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael P. Albert (email available below). General contact details of provider: https://edirc.repec.org/data/aeaaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.