This paper contributes to an empirical investigation of the role of such propagation, focusing primarily on input-output linkages but also on connections through the geographic collocation patterns of industries. Appendix table 9A shows that these joint patterns are robust to the specification checks considered earlier for input-output linkages. Appendix table 9B considers each of the four shocks in isolation rather than jointly modeling them. Similar to the results presented in Table 8, the inclusion of geographic effects has little impact on our estimates of downstream and upstream network effects, which continue to adhere to theory. On the other hand, the geographic effects themselves are less stable and often substantially smaller when measured in isolation compared to the joint format.
This restriction is just not tested directly through the reported regression, but from the particular related regression explained in section 2, following Proposition one, where own results reflect the indirect elements of the particular Leontief inverse matrix. We report specs in which the particular own effects are usually not scaled in this way to maintain openness concerning the direct first-order associated with own-industry shock absorbers. Whatever the case, the pourcentage estimates when all of us undertake this climbing are similar in order to those reported within the tables within the paper. Screen of figures one and 3 illustrate the impulse reaction functions for personal and upstream results computed in the particular same way in terms of panel, and show that there are usually once again substantial network effects. The particular implied network multipliers for value additional and employment in the 10-year intervalle are 6. forty two and 5. 00, respectively. Table 3B and appendix furniture 3A–3C, 6, plus 7 perform the particular same robustness inspections as those talked about for trade shock absorbers and show that will the above-mentioned designs are generally very robust.
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