Brown Bag Seminar Industrial Economics

This paper examines the impact of sanctions on the structure of regional supply chains, focusing on Venezuela's suspension from the Mercosur trade bloc in 2016. To analyze this, we exploit a uniquely comprehensive database encompassing firm-to-firm transactions across several Latin American economies from 2014 to 2019. Our findings reveal how buyer-supplier linkages adapted to the shock along multiple margins, as well as the heterogeneity in effects for firms occupying different positions within the trade network.

(with Julian Hinz, Bielefeld University, and Filippo Santi, University of Bologna)