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industrial revolution, followed by decreasing relative inequality. Knowledge diffusion through a Small World network explains the …We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … knowledge throughout the world explains a period of increasing world inequality after the take-off of the forerunners of the …
Persistent link: https://www.econbiz.de/10011397182
In this paper, we develop a network perspective on the welfare gains from trade in today's internationally fragmented …
Persistent link: https://www.econbiz.de/10011986141
To understand how global firm networks operate, we need consistent information on their activities, unbiased by their reporting choices. In this paper, we collect a novel dataset on the light that factories emit at night for a large sample of car manufacturing plants. We show that nightlight...
Persistent link: https://www.econbiz.de/10013177119
Geo-political tensions and disruptions to global value chains have led policy makers to re-evaluate their approach to globalisation. Many countries are considering friend-shoring - trading primarily with countries sharing similar values - as a way of minimising exposure to weaponisation of trade...
Persistent link: https://www.econbiz.de/10014450552
The recent literature on firm-to-firm trade has documented salient empirical regularities of the buyer-seller network …
Persistent link: https://www.econbiz.de/10012534686
We study stable matchings on exogenously given or endogenously formed bipartite graphs that reflect constraints on matching. The effects of a change of the exogenously given graph (constraints) are investigated. Specifically, we examine to what extent individuals gain or lose from relaxing...
Persistent link: https://www.econbiz.de/10011374193
review is on studies that use network analysis paying special attention to those that apply complex analysis techniques …
Persistent link: https://www.econbiz.de/10010344807
We present a network model of the interbank market in which optimizing risk averse banks lend to each other and invest … sale externalities. The resulting network configurations exhibits a core-periphery structure, dis-assortative behavior and … low clustering coefficient. We measure systemic importance by means of network centrality and input-output metrics and the …
Persistent link: https://www.econbiz.de/10010475334
Many data situations require the consideration of network effects among the cross-sectional units of observation. In … this paper, we present a generalized panel model which accounts for two features: (i) three types of network effects on the … error components, and (ii) higher-order network effects due to ex-ante unknown network-decay functions or the presence of …
Persistent link: https://www.econbiz.de/10012306579
publishers that can outsource their ad inventories to an ad network, in a market where consumers and advertisers endogenously … multi-home. Differently from publishers, the ad network tracks consumers across websites, limiting wasteful repetition of … characterize the conditions such that outsourcing to the ad network expands the provision of ads compared to the case where …
Persistent link: https://www.econbiz.de/10011723426