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Production Networks: A Primer

Accepted version
Peer-reviewed

Type

Article

Change log

Authors

Pereira Marques de Carvalho, VM 
Tahbaz-Salehi, Alireza 

Abstract

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

Description

Keywords

38 Economics, 3802 Econometrics

Journal Title

Annual Review of Economics

Conference Name

Journal ISSN

1941-1383
1941-1391

Volume Title

11

Publisher

Annual Reviews Inc.
Sponsorship
European Research Council (337054)
Leverhulme Trust (PLP-2016-209)
Economic and Social Research Council (ES/R009295/1)
European Research Council Leverhulme