Replication Data for Business Group Spillovers

The replication package provides codes to replicate the main tables and figures in the main body of the paper, ``Business Group Spillovers,'' forthcoming in the Review of Financial Studies. Please read the readme file in conjunction with the paper for data sources and variable construction. For copyright and confidentiality considerations, the package only contains pseudo-data, where variables from different datasets are randomized while retaining the original structure of the data.