channels through which a collapse in imports affects productivity. Import demand is non-homothetic and therefore the …-level customs data covering the universe of import transactions during 1996-2008. Though imports collapsed by nearly 70 percent from … we highlight significant heterogeneity in how firms adjusted their import mix. Motivated by these facts, we build a model …

procyclicality of productivity, and simultaneously predicts large welfare losses from monetary non-neutrality. The key features of …

to be more vertically integrated. To quantify the impact of these distortions on aggregate productivity, we construct a … that enforcement frictions lower aggregate productivity to an extent that is relevant on the macro scale …

The empirical literature finds mixed evidence on the existence of positive productivity externalities in the host … relative productivity of the foreign firm leads to higher additional growth in financially developed economies compared to …

, the hypothesis that input quality and plant productivity are complementary in generating output quality. We embed this …

implicit sharing of the technology that was created in other countries. The model predicts that the import patterns of … countries matters for productivity, because a country that imports primarily from technological leaders receives more technology … trade patterns in determining technology flows that affect productivity by using industry level data for machinery goods …

productivity across sectors exhibits weak correlation. While previous work examined production complementarity, our analysis … explores complementarity in information acquisition. Because information about future productivity has a high fixed cost of … production and a low marginal cost of replication, sectors can share the cost to forecast their sector-specific productivity …