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Heterogeneous firm response to organized crime: Evidence from FDI in Mexico

✍ Scribed by Ramos, Miguel A.; Ashby, Nathan J.


Book ID
121681000
Publisher
Elsevier Science
Year
2013
Tongue
English
Weight
405 KB
Volume
19
Category
Article
ISSN
1075-4253

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## Abstract In this paper we investigate the response of prices to shocks based on a survey of Austrian firms. We find that firms are more likely to change prices after a cost shock than after a demand shock. In this vein, our analysis suggests that regular customers are an important explanation fo