Financial constraints and propagation of shocks in production networks
We examine the propagation of a small unexpected supply shock through a production network and the role financial constraints play in its transmission. Using data on almost all Turkish supplier-customer links, we exploit the heterogeneous impact of an unexpected import-tax increase for identificatio...
| Main Authors: | , , , |
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| Format: | Journal article |
| Language: | English |
| Published: |
Massachusetts Institute of Technology Press
2024
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