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Macroeconomics with Heterogeneous Agents and Input-Output Networks. (2018). Baqaee, David ; Farhi, Emmanuel.
In: CEPR Discussion Papers.
RePEc:cpr:ceprdp:13006.

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  1. Production Networks, Capital Dynamics, and Heterogeneous Agents. (2025). Priori, Eleonora ; Giachini, Daniele ; Bottazzi, Giulio.
    In: LEM Papers Series.
    RePEc:ssa:lemwps:2025/22.

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  2. Microeconomic Shock Propagation Through Production Networks in China. (2025). Liao, Yihan.
    In: Mathematics.
    RePEc:gam:jmathe:v:13:y:2025:i:3:p:359-:d:1574507.

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  3. Growth of the Service Sector and Economic Fluctuations: A Production Network Perspective. (2025). Xinyi, Shao ; Yutong, Tang ; Dazhong, Cheng.
    In: China Finance and Economic Review.
    RePEc:bpj:cferev:v:14:y:2025:i:1:p:23-49:n:1002.

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  4. Entrepreneurship and misallocation in production network economies. (2024). Cavalcanti, Tiago ; Pannella, Pierluca ; Mendes, Angelo.
    In: Economic Theory.
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  5. Government Spending Multipliers and Distribution of Commodity Booms in the Spatial Economy. (2024). Daza, Brian.
    In: Working Papers.
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  6. The globalization of climate change: amplification of climate-related physical risks through input-output linkages. (2024). Senner, Richard ; Fahr, Stephan ; Vismara, Andrea.
    In: Working Paper Series.
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  7. Welfare Accounting. (2024). Schaab, Andreas ; Dvila, Eduardo.
    In: Cowles Foundation Discussion Papers.
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  8. .

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  9. Production Networks, Sectoral Shocks and Aggregate Volatility in a Developing Economy: Insights From Morocco. (2023). Dinh, Hinh T ; Ezzahid, Elhadj ; Elguellab, Ali.
    In: Research papers & Policy papers on Economic Trends and Policies.
    RePEc:ocp:rpaeco:rp_05-23.

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  10. Origins of international factor structures. (2023). Jiang, Zhengyang ; Richmond, Robert J.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:147:y:2023:i:1:p:1-26.

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  11. The impact of oil supply news shocks on corporate investments and the structure of production network. (2022). Caraiani, Petre.
    In: Energy Economics.
    RePEc:eee:eneeco:v:110:y:2022:i:c:s0140988322001803.

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  12. .

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  13. The Supply-Side Effects of Monetary Policy. (2021). Baqaee, David ; Sangani, Kunal ; Farhi, Emmanuel.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:15702.

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  14. Key sectors in Input-Output Production Networks: an application to Brexit. (2019). Russo, Alberto ; Giammetti, Raffaele ; Gallegati, Mauro.
    In: MPRA Paper.
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  15. Oil shocks and production network structure: Evidence from the OECD. (2019). Caraiani, Petre.
    In: Energy Economics.
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  16. The Microeconomic Foundations of Aggregate Production Functions. (2018). Baqaee, David ; Farhi, Emmanuel.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:25293.

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  17. The Microeconomic foundations of Aggregate Production Functions. (2018). Baqaee, David.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:13362.

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  50. This equation has a similar interpretation as the aggregate TFP decomposition in Baqaee and Farhi (2017a). Specifically, suppose that we counterfactually keep the physical share of all the inputs constant as the shocks hit the economy. Call this the passive allocation. We get that for the passive allocation d log cI − ∑ j Λ̃I j d log xIj = ∑ i∈I λ̃I i d log Ai. This gives an interpretation of the change in allocative efficiency as the gap with the passive allocation.
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