Complementarities and Comovements

By John Shea. 2002

180 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/2884d8e2f06dc201814908476ab7243fcc477186

Citations in the corpus

• Aggregate Fluctuations and the Network Structure of Intersectoral Trade (2010, unknown): “It gives, for every sector j; the list of goods that are necessary as inputs in the production of good i. Finally, market clearing implies that: Yj = Cj + X i:j2 Si Mji, 8j = 1; :::;M (7) It is a standard exercise to solve for the competitive equilibrium of this economy; see Shea (2002).”
• Industry Dynamics and Competition from Low-Wage Countries: Evidence on Italy (2014, unknown): “However, as suggested by Long and Plosser (1983) and Shea (2002), supply or demand shocks to a given sector can be propagated to other sectors through input-output linkages.”
• Credit Chains and Sectoral Comovement: Does the Use of Trade Credit Amplify Sectoral Shocks? (2010, unknown): “…of sectoral output fluctuations (sectors 1 to N), λ = (λ1, . . . ,λ N)′ is a vector of sectoral shocks, and D is a matrix of backward linkages derived by Shea (2002) from a standard multisector general equilibrium model, whose dij element is the share of sector j in the total demand for…”
• A Spatial Analysis of Sectoral Complementarity (2003, unknown): “Costello (1993), Bartelsman, Caballero, and Lyons (1994), and Shea (2002), most closely related to this paper, are discussed in Sec.”
• How Important are Sectoral Shocks (2014, unknown): “9Another line of research attempts to gauge the relative importance of industry-specific shocks by estimating vector autoregressions (see Long and Plosser 1987, Stockman 1988, Shea 2002, or Holly and Petrella 2012).”
• Firm Volatility in Granular Networks (2013, unknown): “Our results suggest that upstream shock propagation provides a better description of firm volatility data, as in equilibrium models with final demand shocks (Shea (2002)).”
• Trade Network Centrality and Currency Risk Premia (2019, unknown): “With Cobb-Douglas production technology, propagation only occurs downstream because price changes exactly offset the output impact of production shocks (Shea, 2002).”
• Sectoral vs. Aggregate Shocks: A Structural Factor Analysis of Industrial Production (2008, unknown): “As in Shea (2002), aggregate variability is driven mainly by covariability across sectors and not sector-specific variability.”
• OIL PRICE SHOCKS AND INDUSTRIAL PRODUCTION: IS THE RELATIONSHIP LINEAR? (2011, unknown): “Instead, they find that as in Shea (2002), variability of the total IP index is mainly driven by complementarities in production, such as input–output linkages, which work as propagation mechanisms for aggregate and sectoral shocks.”
• Firms, Destinations, and Aggregate Fluctuations (2014, unknown): “E-mail (URL): JdiGiovanni@imf.org (http: //julian.digiovanni.ca), alev@umich.edu (http://www.alevchenko.com), isabelle.mejean@polytechnique.edu (http://www.isabellemejean.com).”