Learning Trade Opportunities through Production Network
arxiv(2024)
摘要
Using data on the Spanish firm-level production network we show that firms
learn about international trade opportunities and related business know-how
from their production network peers. Our identification strategy leverages the
panel structure of the data, import origin variation, and network structure. We
find evidence of both upstream and downstream network effects, even after
accounting for sectoral and geographical spillovers. Larger firms are better at
absorbing valuable information but worse at disseminating it. Connections with
geographically distant firms provide more useful information to start
importing.
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