TY  - GEN
AB  - 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.
AU  - Quispe, Isai
CY  - Geneva
DA  - 2017
DA  - 2017
DO  - 10.71609/iheid-9zve-0336
DO  - doi
ID  - 295954
L1  - https://repository.graduateinstitute.ch/record/295954/files/heidwp20-2017_2.pdf
L2  - https://repository.graduateinstitute.ch/record/295954/files/heidwp20-2017_2.pdf
L4  - https://repository.graduateinstitute.ch/record/295954/files/heidwp20-2017_2.pdf
LK  - https://repository.graduateinstitute.ch/record/295954/files/heidwp20-2017_2.pdf
N2  - 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.
PB  - Graduate Institute of International and Development Studies, International Economics Department
PP  - Geneva
PY  - 2017
PY  - 2017
T1  - Fiscal shocks and international production networksan empirical investigation
TI  - Fiscal shocks and international production networksan empirical investigation
UR  - https://repository.graduateinstitute.ch/record/295954/files/heidwp20-2017_2.pdf
Y1  - 2017
ER  -