Affiliation:
1. Universitat de València Valencia Spain
2. Chamber of Commerce of Spain & Universidad Nebrija Madrid Spain
Abstract
AbstractWe investigate the impact of imports of intermediate inputs on export value and portfolio among Spanish regular two‐way trade of manufacturing firms over the period 1997–2018. After controlling for firm characteristics and addressing endogeneity, we find that firms that import intermediate inputs from non‐EUEFTA countries enhance the volume and scope of their EU15 exports. The magnitude of the impact is similar for high‐income countries and low‐income countries and there are no changes in sourcing patterns before or after the financial crisis.
Funder
Dirección General de Universidades e Investigación
Ministerio de Ciencia, Innovación y Universidades
Generalitat Valenciana
Subject
Political Science and International Relations,Economics and Econometrics,Finance,Accounting