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Author: Zhihong Yu
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Global value chains have fundamentally transformed international trade and development in recent decades. We use matched firm-level customs and manufacturing survey data, together with Input-Output tables for China, to e...Read more...
Davin Chor, Kalina Manova and Zhihong Yu
8 September 2020
We present a heterogeneous-firm model in which management ability increases both production efficiency and product quality. Combining six micro-datasets on management practices, production and trade in Chinese and Americ...Read more...
Nicholas Bloom, Kalina Manova, Stephen Teng Sun, John Van Reenen and Zhihong Yu
20 June 2018
We examine the global operations of multi-product firms. We present a flexible heterogeneous-firm trade model with either limited or strong scope for quality differentiation. Using customs data for China during 2002-2006...Read more...
Kalina Manova and Zhihong Yu
14 February 2017
The fragmentation of production across borders allows firms to make and export final goods, or to perform only intermediate stages of production by processing imported inputs for re-exporting. We examine how financial fr...Read more...
Revised March 2016