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Production Networks: A Primer

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  • Carvalho, V. M
  • Tahbaz-Salehi, A.

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.

Suggested Citation

  • Carvalho, V. M & Tahbaz-Salehi, A., 2018. "Production Networks: A Primer," Cambridge Working Papers in Economics 1856, Faculty of Economics, University of Cambridge.
    • Handle: RePEc:cam:camdae:1856
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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; shock propagation; input-output linkages.;
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