This paper starts from the observation that firms are increasingly engaging in collaborations with their suppliers, even as they are reducing the extent to which they are vertically integrated with those suppliers. This fact seems incompatible with traditional theories of the firm, which argue...

The U.S. economic crisis of 2008-2009 hit the automotive industry particularly hard; sales fell suddenly by 40% in the third quarter of 2008. The U.S. policy response to this automotive crisis was somewhat misdirected, attempting to solve the wrong problems. The U.S. automakers did not have a...

We use census data to examine the impact of industrialization on children’s education in Mexico. We find no evidence of reverse causality in this case. We find small positive effects of industrialization on primary education, effects which are larger for domestic manufacturing than for...