Supplier Churn and Growth

It is widely believed that access to new suppliers generates a surplus for consumers and that this surplus drives long-run growth and trade. Despite its importance, little direct empirical evidence exists on the magnitude of this surplus. David R. Baqaee discusses this effect’s impact on both micro- and macroeconomic outcomes.

Image courtesy of interviewee. February 1, 2024

Log-in or Sign-up to Faculti
Currently viewing this subject insight as a guest. You have insight(s) remaining for this month.

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © Faculti Media Limited 2013 - 2024. All rights reserved.
error: