IMF paper explores link between imports and pro-cyclicality of productivity
Research finds firm-level import decisions explain “non-trivial” fraction of fluctuations in productivity in Korean manufacturing
A working paper published by the International Monetary Fund examines the extent to which imports contribute to the pro-cyclicality of productivity, using firm-level data from Korean manufacturing.
The authors, JaeBin Ahn and Moon Jung Choi, note that generally imports are costly and "only a subset of producers" use imported inputs. "To have a quantitatively significant implication on aggregate-level productivity, therefore, the distribution of importers needs to be sufficiently skewed toward
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