EconPapers    
Economics at your fingertips  
 

From Micro to Macro via Production Networks

Vasco M. Carvalho

No 793, Working Papers from Barcelona Graduate School of Economics

Abstract: A modern economy is an intricately linked web of specialized production units, each relying on the flow of inputs from their suppliers to produce their own output which, in turn, is routed towards other downstream units. In this essay, I argue that this network perspective on production linkages can offer novel insights on the sources of aggregate fluctuations. To do this, I show (i) how production networks can be mapped to a standard general equilibrium setup; (ii) how to approach input-output from this networked perspective and (iii) how theory and data on production networks can be usefully combined to shed light on comovement and aggregate fluctuations.

Keywords: production networks; comovement; Business cycles; input-output linkages (search for similar items in EconPapers)
JEL-codes: D57 D85 E32 L14 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-hme and nep-mac
Date: 2014-10
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (70) Track citations by RSS feed

Downloads: (external link)
https://www.barcelonagse.eu/sites/default/files/working_paper_pdfs/793.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:bge:wpaper:793

Access Statistics for this paper

More papers in Working Papers from Barcelona Graduate School of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Bruno Guallar ().

 
Page updated 2019-04-19
Handle: RePEc:bge:wpaper:793