Production Networks: A Primer

Vasco Carvalho and Alireza Tahbaz-Salehi

No 13421, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: This article reviews the literature on production networks in macroeconomics. It presents the theoretical foundations for the role of input-output linkages as a shock propagation channel and as a mechanism for transforming microeconomic shocks into macroeconomic fluctuations. The article also provides a brief guide to the growing literature that explores these themes empirically and quantitatively.

Keywords: Networks; Input-output linkages; Shock propagation (search for similar items in EconPapers)
Date: 2018-12
New Economics Papers: this item is included in nep-mac
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Citations: View citations in EconPapers (15)

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Related works:
Journal Article: Production Networks: A Primer (2019)
Working Paper: Production Networks: A Primer (2018)
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