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We study whether R&D-intensive firms are more resilient to trade shocks. We correct for the endogeneity of R&D using tax-induced changes to R&D cost. While rising imports from China lead to slower sales growth and lower profitability, these effects are significantly smaller for firms with a...
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This study analyses how the set of products Brazil exported to the United States was similar with that of China between 2000 and 2008 and also compares the quality and variety of their exports. Using product-level import data from United States, this study estimates the export similarity,...
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