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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w16571 |
来源ID | Working Paper 16571 |
Production Chains | |
David K. Levine | |
发表日期 | 2010-12-02 |
出版年 | 2010 |
语种 | 英语 |
摘要 | More advanced technologies demand higher degrees of specialization - and longer chains of production connecting raw inputs to final outputs. Longer production chains are subject to a "weakest link" effect: they are more fragile and more prone to failure. Optimal chain length is determined by the trade-off between the gains to specialization and the higher failure rate associated with longer chain length. There is a kind of reverse "Keynesian multiplier" that magnifies the effect of real shocks. Consequently, more advanced economies should have higher unemployment rates and be more prone to crisis. The implications of the theory both for measurement and government policy are examined. |
主题 | Other ; General, Teaching ; Microeconomics ; Macroeconomics |
URL | https://www.nber.org/papers/w16571 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/574246 |
推荐引用方式 GB/T 7714 | David K. Levine. Production Chains. 2010. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w16571.pdf(190KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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