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Sectoral versus Aggregate Shocks: A Structural Factor Analysis of Industrial Production
Sectoral Aggregate Shocks Structural Factor Analysis Industrial Production
2014/3/18
Using factor methods, we decompose industrial production (IP) into components arising from aggregate and sector-specific shocks. An approximate factor model finds that nearly all of IP variability is ...
PRODUCTION KNOWLEDGE A MARSHALLIAN PERSPECTIVE ON POST-COASIAN THEORIES OF THE FIRM
PRODUCTION KNOWLEDGE MARSHALLIAN PERSPECTIVE POST-COASIAN THEORIES OF THE FIRM
2014/6/24
In 1937, Coase published ‘The Nature of the Firm’, in which the idea that using the market has a cost was introduced for the first time. Later developed by Williamson, the transaction costs theory of ...
Visualizing a large-scale structure of production network by N-body simulation
scale structure N-body simulation
2010/10/29
Our recent study of a nation-wide production network uncovered a community structure,
namely how rms are connected by supplier-customer links into tightly-knit groups with
high density in intra-gro...