@article{Quispe:295954, recid = {295954}, author = {Quispe, Isai}, title = {Fiscal shocks and international production networks an empirical investigation}, publisher = {Graduate Institute of International and Development Studies, International Economics Department}, address = {Geneva. 2017}, number = {BOOK}, series = {Graduate Institute of International and Development Studies Working Paper ; no. 20/2017}, pages = {32 p. : ill.}, year = {2017}, abstract = {Recently, a large literature has been developed from the production network models, to be applied in a diversity of fields as financial contagion, trade comovements or the aggregation of micro shocks. Thus, one theoretical implication introduced by Acemoglu et al. (2015), argue that demand-side shocks (i.e. government spending) spread through the production networks following upstream propagation with greater intensity downstream. This paper empirically evaluates the international transmission of government purchase shocks through a production network. Using industry-level data about international input-output linkages, I extend the empirical approach in Acemoglu et al. (2015) to examine employment responses to government purchases. I find that fiscal shocks have a significant and positive impact on the employment, through the international production network.}, url = {http://repository.graduateinstitute.ch/record/295954}, doi = {https://doi.org/10.71609/iheid-9zve-0336}, }