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Opposing firm-level Responses to the China Shock : Horizontal Competition Versus Vertical Relationships?

Aghion, Philippe; Bergeaud, Antonin; Lequien, Matthieu; … - National Bureau of Economic Research - 2021

We decompose the "China shock" into two components that induce different adjustments for firms exposed to Chinese exports: a horizontal shock affecting firms selling goods that compete with similar imported Chinese goods, and a vertical shock affecting firms using inputs similar to the imported...

Persistent link: https://www.econbiz.de/10012616643

The Impact of Regulation on Innovation

Aghion, Philippe; Bergeaud, Antonin; Van Reenen, John - National Bureau of Economic Research - 2021

endogenous growth model with size-contingent regulations. We apply this to population administrative firm panel data from France …

Persistent link: https://www.econbiz.de/10012482599