TY  - RPRT
        AU  - Muscillo, Alessio
AU  - Pin, Paolo
AU  - Razzolini, Tiziano
AU  - Serti, Francesco
        TI  - Does "Network Closure" Beef up Import Premium?
        PY  - 2018/Dec/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 12036
        UR  - https://www.iza.org/index.php/publications/dp12036
        AB  - We investigate whether network closure in the supply chain can explain the heterogeneity observed in import premia. Using unique panel data on trade flows among beef farms in the Italian region of Piedmont, we analyze a purely sequential supply chain characterized by the co-existence of two competing production systems: domestic cattle, of lower quality and less risky, and imported cattle, of higher quality and exposed to higher risks. Our findings indicate that trust and mutual cooperation, computed in terms of network closure, are associated with increasing gains from imports and may promote the use and investment in inputs of superior quality.
        KW  - import premium
KW  - network closure
KW  - sequential supply chain
        ER  -