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Production Networks: A Primer

Author

Listed:
  • Carvalho, Vasco
  • Tahbaz-Salehi, Alireza
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.

Suggested Citation

  • Carvalho, Vasco & Tahbaz-Salehi, Alireza, 2018. "Production Networks: A Primer," CEPR Discussion Papers 13421, C.E.P.R. Discussion Papers.
    • Handle: RePEc:cpr:ceprdp:13421
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

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    Keywords

    Networks; Input-output linkages; Shock propagation;
    All these keywords.

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