Plausibly Exogenous [1564] - Product Liability Risk (05/15/2024)

LHS Variable
Innovation

RHS Variable
Product liability risk

Source of Exogenous Variation
Quasi-exogenous increase in liability risk faced by US suppliers of polymers used to manufacture medical implants

- Galasso and Luo (2022), “When Does Product Liability Risk Chill Innovation? Evidence from Medical Implants”