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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
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
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 conduct an artefactual field experiment in real-existing trade networks to analyze how individual network degree … 24 villages in Uganda. To identify the effect of individual degree in the village trade network we experimentally vary … predicted direction when one of the bargainers is informed about the network positions but not when both sides are informed …
Persistent link: https://www.econbiz.de/10015394146
financial network where good firms enjoy direct and indirect benefits from linking with one another. Bad risks benefit from …
Persistent link: https://www.econbiz.de/10014534063
that the completely connected network is stable, although, its exact structure, and thus contagion implications, is …
Persistent link: https://www.econbiz.de/10011735929
maximize it. Through the links in the collaboration network, researchers create spillovers not only to their direct coauthors … possibly overlapping projects. We bring our model to the data by analyzing the coauthorship network of economists registered in … the coauthorship network. Moreover, we analyze funding instruments for individual researchers as well as research …
Persistent link: https://www.econbiz.de/10011925969
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
depends on the network structure. We establish these results in a New Keynesian small open-economy model with an input …-output network and provide supporting evidence based on US import tariffs. Simulating the "Liberation Day" tariff package, we find it …
Persistent link: https://www.econbiz.de/10015407816
This paper studies structural change in production networks for intermediate inputs (input-output network) and new … capital (investment network). For each network, we document a declining fraction of production by goods sectors and a rising … stemming from reallocation induced by structural change. At the same time, productivity growth within the input-output network …
Persistent link: https://www.econbiz.de/10014285534