Structure and Change in Production Networks: Evidence from US Firm level data

Michael Gofman and Vasco Carvalho
Additional contact information
Michael Gofman: University Wisconsin-Madison
Vasco Carvalho: CREI and Universitad Pompeu Fabra

No 938, 2012 Meeting Papers from Society for Economic Dynamics

Abstract: An emerging literature in macroeconomics has stressed how production networks facilitate the propagation of shocks and affect the aggregate performance of the economy (Carvalho 2010, Acemoglu et. al. 2011, Oberfield 2011). Yet there is no empirical evidence about the structure of large production networks at the firm level. In this paper we use a novel, proprietary, firm-level database to measure the structure and evolution of production networks in the US economy from 2004 until 2011. We provide new stylized facts about network formation and the stability of supplier-customer relationships. Further, we document how these patterns correlate with observable firm characteristics. We conclude by discussing how these novel stylized facts can inform further theoretical work in this area.

Date: 2012
References: Add references at CitEc
Citations:

Downloads: (external link)
https://red-files-public.s3.amazonaws.com/meetpapers/2012/paper_938.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:red:sed012:938

Access Statistics for this paper

More papers in 2012 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
Bibliographic data for series maintained by Christian Zimmermann ().