Productivity, firm size, and why distortions hurt developing economies
In many developing countries, productive firms remain too small, while less productive firms are too large. Such misallocation contributes to losses in aggregate productivity. This
The ripple beyond borders: Indirect effects of US export controls on Japanese firms
As part of the ongoing US-China trade war, since 2020 the US has restricted the exports of cutting-edge semiconductors from third countries to Huawei. This
Productivity in the export sector: Evidence from Dutch supplier networks
It is well established that exporters tend to be some of the most productive firms. But in today’s world, exporters typically rely strongly on other
