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Production Networks: A Primer

Vasco Carvalho and Alireza Tahbaz-Salehi

Annual Review of Economics, 2019, vol. 11, issue 1, 635-663

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.

Date: 2019
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Citations: View citations in EconPapers (103)

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https://doi.org/10.1146/annurev-economics-080218-030212
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Working Paper: Production Networks: A Primer (2018) Downloads
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DOI: 10.1146/annurev-economics-080218-030212

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