This paper provides one of the first estimates of elasticities of substitution across suppliers within the same product. This paper estimates these elasticities using new real-time administrative tax data on firm-to-firm transactions, with product-level prices and quantities, leveraging geographic and temporal variation from India's Covid-19 lockdowns to derive causal estimates of these elasticities. Suppliers are highly complementary even at this...
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2024/05/22
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Documento de trabalho sobre pesquisa de políticas
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WPS10782
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1
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2024/05/22
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Disclosed
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Production Networks and Firm-level Elasticities of Substitution
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