The adoption and termination of suppliers over the business cycle
We assemble a novel firm-level dataset to study the adoption and termination of suppliers over business cycles. We document that the aggregate number and rate of adoption of suppliers are procyclical. The rate of termination is acyclical at the aggregate level, and the cyclicality of termination enc...
Main Authors: | Xu, L, Yu, Y, Zanetti, F |
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Format: | Working paper |
Language: | English |
Published: |
University of Oxford
2024
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