G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w28089
来源IDWorking Paper 28089
Propagation and Insurance in Village Networks
Cynthia Kinnan; Krislert Samphantharak; Robert Townsend; Diego A. Vera Cossio
发表日期2020-11-16
出版年2020
语种英语
摘要In village economies, small firm owners facing idiosyncratic shocks adjust production by cutting spending and reducing employment. House-holds with whom they trade inputs and labor scale back their own businesses and reduce consumption. As effects reverberate through local economies, the aggregate indirect adverse effects are larger than the direct effects. Propagation is more severe when transmitted through labor networks as opposed to material supply-chain networks, and goes beyond input-output/sectoral considerations as it varies with network position, closeness to a shocked household, and network density. Participation in gift-giving insurance networks mitigates direct and hence indirect effects. Supply chain and labor networks are fragile as the broken links are not easily replaced, leading to persistent damage. Social gains from better-targeted safety nets are substantially higher than private gains.
主题Microeconomics ; Households and Firms ; Health, Education, and Welfare ; Health ; Development and Growth ; Development ; Environmental and Resource Economics ; Agriculture
URLhttps://www.nber.org/papers/w28089
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/585763
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GB/T 7714
Cynthia Kinnan,Krislert Samphantharak,Robert Townsend,et al. Propagation and Insurance in Village Networks. 2020.
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