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This article using the principal components analysis identifies key industries and groups them into particular clusters. The data come from the US benchmark input-output tables of the years 2002, 2007, 2012 and the most recently published input-output table of the year 2019. We observe some...
Persistent link: https://www.econbiz.de/10013288360
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This article using the principal components analysis identifies key industries and groups them into particular clusters. The data come from the US benchmark input-output tables of the years 2002, 2007, 2012 and the most recently published input-output table of the year 2019. We observe some...
Persistent link: https://www.econbiz.de/10013168977
Persistent link: https://www.econbiz.de/10012240810
Persistent link: https://www.econbiz.de/10012312007
Persistent link: https://www.econbiz.de/10013440511
We study the problem of information sharing in oligopoly, when sharing decisions are taken before the realization of private signals. Using the general model developed by Raith (1996), we show that if firms are allowed to make bilateral exclusive sharing agreements, then some degree of...
Persistent link: https://www.econbiz.de/10005057151
What is the interrelationship among formal institutions, social networks, and new venture growth? Drawing on the theory … number of structural holes in the entrepreneurial social networks. While the effect of this institutional order on the … revenue growth of new ventures is negative, a network’s structural holes have a positive effect on the revenue growth …
Persistent link: https://www.econbiz.de/10011161390
This paper studies an analytically tractable model of the formation and evolution of chains of production. Over time, entrepreneurs accumulate techniques to produce their good using goods produced by other entrepreneurs and labor as inputs. The value of a technique depends on both the...
Persistent link: https://www.econbiz.de/10010292100
Many types of economic and social activities involve significant behavioral complementarities (peer effects) with neighbors in the social network. The same activities often exert externalities that cumulate in stocks affecting agents' welfare and incentives. For instance, smoking is subject to...
Persistent link: https://www.econbiz.de/10010294280