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We study the impact of import protection on relationship-specific investments, organizational choice and welfare. We …
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In an incomplete contracts model where there are otherwise no social motives for protection, we show that protection is socially beneficial when a buyer outsources customized inputs from a specialized domestic supplier while also purchasing generic inputs from the world market. The reason is...
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This paper looks at the question of how import activities and productivity are related. Using detailed production and … plants start importing materials. There is also evidence of productivity gains following entry into export markets and … evidence of both self-selection into importing and learning-by-importing, but not all imports seem to matter for productivity …
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