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To what degree can adverse shocks propagate along global value chains? Investigating the international propagation of the US hurricane season in 2005, we show that Chinese processing manufacturers with tight trade linkages to the United States reduced their US intermediate imports between July...
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This paper uses Chinese firm level data to detect the international propagation of adverse shocks triggered by the US hurricane season in 2005. We provide evidence that Chinese processing manufacturers with tight trade linkages to the United States reduced their intermediate imports from the...
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Using a unique sample from the Longitudinal Research Database (LRD) of the U.S. Census Bureau, we study several related questions regarding the efficiency gains generated by venture capital (VC) investment in private firms. First, does VC backing improve the efficiency (total factor...
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