Interlinked firms and the consequences of piecemeal regulation
Industrial regulations are typically designed with a particular policy objective and set of firms in mind. When input-output linkages connect firms across sectors, such piecemeal regulations may worsen externalities elsewhere in the economy. Using daily administrative and survey data, we show that i...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Oxford University Press
2019
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| Online Access: | View Fulltext in Publisher |