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Carmi, Eyal - 2011

Traditionally, the value of a product has been assessed according to the direct revenues the product creates. However, products do not exist in isolation but rather influence one another's sales. Such influence is especially evident in eCommerce environments, where products are often presented...

Persistent link: https://www.econbiz.de/10013121666

Cascades and Fluctuations in an Economy with an Endogenous Production Network

Taschereau-Dumouchel, Mathieu - 2017

This paper proposes a simple theory of production in which the network of input-output linkages is endogenously … cascades upon shut down. The theory also predicts how the shape of the network interacts with the business cycle. As in the U …

Persistent link: https://www.econbiz.de/10012964109

Cascading Failures in Production Networks

Baqaee, David - 2017

The interaction of input-output networks with industrial structure affects the propagation and amplification of shocks, and is an important consideration for business cycle fluctuations. This paper shows how the extensive margin of entry and exit can greatly amplify idiosyncratic shocks in the...

Persistent link: https://www.econbiz.de/10012964179

Production Networks and the Open Macroeconomy

Arndt, Sven W. - 2009

A key feature of globalization in the current era has been the rapid spread of cross-border production sharing in many regions of the world, including Europe, North America and Asia. The effects of these developments in the context of regional trade integration have been examined in the recent...

Persistent link: https://www.econbiz.de/10013154841

Identifying Productivity Spillovers Using the Structure of Production Networks

Bazzi, Samuel - 2017

remains elusive, particularly in developing countries. Identification of productivity spillovers between firms is a … relationships to provide estimates of the size of productivity spillovers. Our strategy builds on that proposed by Bramoulle et al …. (2009) for estimating peer effects, and is one of the first applications of this idea to the estimation of productivity …

Persistent link: https://www.econbiz.de/10012961519

Input Specificity and the Propagation of Idiosyncratic Shocks in Production Networks

Barrot, Jean-Noel - 2016

This paper examines whether firm-level idiosyncratic shocks propagate in production networks. We identify idiosyncratic shocks with the occurrence of natural disasters. We find that affected suppliers impose substantial output losses on their customers, especially when they produce specific...

Persistent link: https://www.econbiz.de/10013006519

Cascades and Fluctuations in an Economy with an Endogenous Production Network

Taschereau-Dumouchel, Mathieu - 2020

to withstand shocks, they trigger larger cascades upon shutdown, a prediction confirmed by U.S. data. The theory also …

Persistent link: https://www.econbiz.de/10012852968

Managing Liquidity in Production Networks : The Role of Central Firms

Gao, Janet - 2020

Firms in the U.S. economy are closely interconnected in a production network and are subject to shocks that propagate within the network. This study examines the liquidity management of firms centrally connected in the network. I show that, while central firms are more exposed to aggregate...

Persistent link: https://www.econbiz.de/10012856562

Distortions in Production Networks

Bigio, Saki - 2016

. We show how sectoral distortions manifest at the aggregate level via two channels: total factor productivity and the …

Persistent link: https://www.econbiz.de/10012993222

Global intersectoral production network and aggregate fluctuations

Barauskaite, Kristina; Nguyen, Anh D. M. - In: Economic modelling 102 (2021), pp. 1-15

Persistent link: https://www.econbiz.de/10012797334