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The Changing Input-Output Network Structure of the U.S. Economy

Author

Listed:
  • Jason Choi
  • Andrew T. Foerster

Abstract

U.S. industries have become less connected over the last 10 years, and service industries have become more central.

Suggested Citation

  • Jason Choi & Andrew T. Foerster, 2017. "The Changing Input-Output Network Structure of the U.S. Economy," Economic Review, Federal Reserve Bank of Kansas City, issue Q II, pages 23-49.
    • Handle: RePEc:fip:fedker:00052
    as

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    File URL: https://www.kansascityfed.org/documents/631/2017-The%20Changing%20Input-Output%20Network%20Structure%20of%20the%20U.S.%20Economy.pdf
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    References listed on IDEAS

    as
    1. Andrew T. Foerster & Pierre-Daniel G. Sarte & Mark W. Watson, 2011. "Sectoral versus Aggregate Shocks: A Structural Factor Analysis of Industrial Production," Journal of Political Economy, University of Chicago Press, vol. 119(1), pages 1-38.
    2. Vasco M. Carvalho, 2014. "From Micro to Macro via Production Networks," Journal of Economic Perspectives, American Economic Association, vol. 28(4), pages 23-48, Fall.
    3. Saki Bigio & Jennifer La’O, 2020. "Distortions in Production Networks," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 135(4), pages 2187-2253.
    4. Saki Bigio, 2013. "Financial Frictions in Production Networks," 2013 Meeting Papers 121, Society for Economic Dynamics.
    5. David Rezza Baqaee & Emmanuel Farhi, 2019. "The Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten's Theorem," Econometrica, Econometric Society, vol. 87(4), pages 1155-1203, July.
    6. Charles R. Hulten, 1978. "Growth Accounting with Intermediate Inputs," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 45(3), pages 511-518.
    Full references (including those not matched with items on IDEAS)

    Citations

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    as


    Cited by:

    1. Frank Smets & Joris Tielens & Jan Van Hove, 2018. "Pipeline Pressures and Sectoral Inflation Dynamics," Working Paper Research 351, National Bank of Belgium.
    2. Leonidov, Andrey & Serebryannikova, Ekaterina, 2019. "Dynamical topology of highly aggregated input–output networks," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 518(C), pages 234-252.
    3. Andrew T. Foerster & Eric LaRose & Pierre-Daniel G. Sarte, 2018. "Idiosyncratic Sectoral Growth, Balanced Growth, and Sectoral Linkages," Economic Quarterly, Federal Reserve Bank of Richmond, issue 2Q, pages 79-101.

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    Keywords

    Input-Output Network; Economics;

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