a column by Bruno Merlevede and Angelos Theodorakopoulos for VOX: CEPR’s Policy Portal
Studies of the implications of trade openness for local economies rarely address the domestic supply chain.
This column examines whether indirect effects of internationalisation affect the domestic supply chain. Micro-level data for manufacturing firms across 19 EU countries, combined with input-output tables, show that domestic access to intermediate inputs that are also exported leads to higher levels of efficiency.
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