Purpose – The purpose of this paper is to develop a tractable general-equilibrium model of examining the impact of human resource management on intra-industry trade. Commonly, managers of Korean firms are promoted internally. It necessitates a study of human resource management and its impact on an industrial equilibrium. Design/methodology – This paper relies on theoretical analysis. We build a model in firms are hierarchical; an entrepreneur, managers, and workers. All individuals have heterogeneous managerial talents, which are the main source of managerial quality. Firms search talents for prospect managers, and eventually delegate them to supervise workers. The searching incurs a sunk cost. Findings – Our finding is as follows. Country 1, relatively abundant of managerial talents, can gain more from trade than Country 2, relatively scarce of managerial talents. This is because the higher searching cost leads to the lower survival rate of firms in Country 2. Implicatively, good jobs are destroyed, and aggregate income falls in Country 2. Originality/value – According to our study, relative abundance of managerial talents affects distribution of firm size and determines trade gain. This study can contribute to the literature of organization management and trade.

中文翻译：

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人力资源管理与行业内贸易

目的–本文的目的是建立一个易于处理的一般均衡模型，以研究人力资源管理对行业内贸易的影响。通常，韩国公司的经理会在内部晋升。它有必要研究人力资源管理及其对产业均衡的影响。设计/方法论–本文依靠理论分析。我们建立的模型是企业是分层的；企业家，经理和工人。每个人都有不同的管理才能，这是管理素质的主要来源。公司寻找人才来寻找准经理，并最终委派他们监督工人。搜索产生沉没成本。调查结果–我们的调查结果如下。国家1相对丰富的管理人才，可以从贸易中获得比国家2更多的收益 管理人才相对稀缺。这是因为较高的搜索成本导致国家2中企业的生存率降低。这意味着国家2中好的工作被破坏了，总收入下降了。原创性/价值–根据我们的研究，管理人才的相对充裕影响分配。公司规模并确定贸易收益。这项研究可以为组织管理和贸易的文献做出贡献。