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   "estimand": "Effect of restricting trade credit maturity to 30 days on the likelihood of trade with affected suppliers, on vertical integration, and on total procurement",
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    "claim": "The trade credit maturity restriction lowers the probability that a Treated supplier trades a product with the retailer by 11%",
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   {
    "claim": "The retailer becomes more likely to source from its own subsidiaries for highly exposed products",
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    "claim": "Effects concentrate in durable/nonperishable goods and non-factoring firms, consistent with trade credit as a quality guarantee",
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