This paper studies the general equilibrium effects of industry-specific productivity shock in an economy in which sectors are connected via input-output linkages. My central finding is productivity shocks do not only travel downstream as is standard in the literature, but also trigger demand...

This paper evaluates the contribution of allocative efficiency to the aggregate productivity growth in Canada and the US. In particular, we are interested in explaining two puzzling facts: 1) the slowdown in productivity growth during the 1970s and the 2000s in the US, and 2) the widening...

The Cambridge Capital Controversy is a long-lasting dispute over the validity and internal coherence of neoclassical theory. A number of textbooks are available to help teach the controversy. Some of these textbooks contain exercises and numeric examples. An important part of the controversy...

We examine how suppliers' structural decisions (strategic choices regarding scale, scope, and complexity) and executional skills (drivers that support the day-to-day operations of the firm) influence its customer base concentration and, in turn, supplier performance. We investigate our research...

Agencies possess enormous regulatory discretion. This discretion allows executive branch agencies in particular to insulate their decisions from presidential review by raising the costs of such review. They can do so, for example, through variations in policymaking form, cost-benefit analysis...

The paper identifies and analyzes the four main fault lines which will influence the next decades of global philanthropy. All are related to what we can refer to as "the market revolution in global philanthropy". As global philanthropy moves beyond grantmaking, into investment approaches that...

This research begins with the following questions: Is there consistency between the identification of development and the economic structure that is possessed?; are there similarities among economies identified with differences in their levels of development?; and, are there non-developed...

The paper analyses the interindustry spillover effects of bilateral trade conflicts using the example of the 2018-2019 China-USA bilateral trade war. Empirical results are produced using a new heuristic method based on hypothetical extraction and substitution in an International Input-Output...

This research begins with the following questions: Is there consistency between the identification of development and the economic structure that is possessed?; are there similarities among economies identified with differences in their levels of development?; and, are there non-developed...

This paper builds on input-output and trade analysis to propose a new method to derive plausible scenarios in the case of trade conflicts that could disrupt international supply chains. It measures three spill-over effects affecting third countries: trade deviation, trade destruction and trade...