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Sustaining Production Chains Through Financial Linkages
Sustaining Production Chains Financial Linkages
2014/3/18
The importance of sectoral linkages and complementarities for economic development are timeless themes, discussed in the classics of the subject such as Wassily Leontief (1936) and Albert O. Hirschman...
Financial Shocks in Production Chains
Financial Shocks Production Chains Interlocking balance
2014/3/18
Interlocking balance sheets through accounts receivable and accounts payable provides incentives necessary to sustain long production chains. We construct a model of incentives in production chains wh...