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The propagation of macroeconomic shocks through input-output and geographic networks can be a powerful driver of macroeconomic fluctuations. We first exposit that in the presence of Cobb-Douglas production functions and consumer preferences, there is a specific pattern of economic transmission...
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The propagation of macroeconomic shocks through input-output and geographic networks can be a powerful driver of macroeconomic fluctuations. We first exposit that in the presence of Cobb-Douglas production functions and consumer preferences, there is a specific pattern of economic transmission...
Persistent link: https://www.econbiz.de/10011491706
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This paper uses the construction of India's Golden Quadrangle central highway network, together with comprehensive loan … data from the Reserve Bank of India, to investigate the interaction between infrastructure development and financial sector …
Persistent link: https://www.econbiz.de/10012051882
We use the construction of India's Golden Quadrangle (GQ) central highway network, together with comprehensive loan … data drawn from the Reserve Bank of India, to investigate the interaction between infrastructure development and financial …
Persistent link: https://www.econbiz.de/10012064958