The Impact of Contract Enforcement Costs on Outsourcing and Aggregate Productivity
I study how supplier contracting frictions shape the patterns of intermediate input use and quantify the impact of these distortions on aggregate productivity. Using the frequency of litigation between US firms as a novel measure to capture the need for formal enforcement, I find a robust relationsh...
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Veröffentlicht in: | The review of economics and statistics 2020-06, Vol.forthcoming |
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Format: | Artikel |
Sprache: | eng |
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Online-Zugang: | Volltext |
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