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analysis in this paper controls for firm variation in prices and uses proxy methods to retrieve measures of productivity that … imports of intermediate inputs, and about 85 percent is explained by investment in research and development. The evidence …
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In this paper, we study the import of intermediate goods (MIG) for México, these imports represent 80% of total imports …
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We offer a new explanation as to why international trade is so volatile in response to economic shocks. Our approach combines the uncertainty shock idea of Bloom (2009) with a model of international trade, extending the idea to the open economy. Firms import intermediate inputs from home or...
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