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Global Interfirm Network Reveals Centrality of U.S. and Financial Sector

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  • Everett Grant
  • Julieta Yung

Abstract

The global interfirm network indicates the level of integration among firms across industries and regions, which intensified with globalization in recent decades. While there is evidence of direct contagion passing between firms in the network, there are also indications that connectedness plays a role in a reduced likelihood of firm distress and improved performance.

Suggested Citation

  • Everett Grant & Julieta Yung, 2018. "Global Interfirm Network Reveals Centrality of U.S. and Financial Sector," Economic Letter, Federal Reserve Bank of Dallas, vol. 13(2), pages 1-4, February.
    • Handle: RePEc:fip:feddel:00057
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