This paper examines how international trade shocks transmit through domestic supply chains, shaping local economic vulnerabilities. Using detailed firm-to-firm domestic and foreign transaction data, we quantify the direct and indirect exposure of Italian labor markets to two major sources of...

We study how firm growth reorganizes the division of labor across firms in global value chains. Using a novel dataset linking cross-border firm-to-firm transactions to matched employer-employee data, we show that demand shocks increase trade between firms while reducing occupational similarity,...

This study examines recent changes in international production networks facing various risks. We primarily investigate how import sources of the European Union (EU) countries in machinery industries have changed from the pre-pandemic to the post-pandemic period using monthly and annual...