We use data from Hungary to establish two results about the relationship between the government and the media. (1) We document large advertising favors from the government to connected media, and large corruption coverage favors from connected media to the government. Our empirical strategy...

We use firm-level data from Hungary to estimate knowledge spillovers in importing through fine spatial and managerial networks. By identifying from variation in peers' import experience across source countries, by comparing the spillover from neighboring buildings with a cross-street placebo,...