Since 2018, tariffs have re-emerged as a tool for protecting domestic economies, particularly in the US. This paper examines the macroeconomic and welfare effects of various import tariff scenarios using a four-region dynamic general equilibrium model with a multi-sectoral production network....

This paper examines the impact of growth of the service sector on economic fluctuations and its underlying mechanisms from the perspective of global production networks. We analyze this mechanism by constructing general equilibrium model of production networks and empirically test it by using...

We develop a general equilibrium production network model that spans two periods and incorporates heterogeneous households, firm-specific CobbDouglas production technologies, and a time-to-build mechanism for capital formation. Within this dynamic framework, we establish the existence and...

This paper examines how international trade shocks transmit through domestic supply chains, shaping local economic vulnerabilities. Using detailed firm-to-firm domestic and foreign transaction data, we quantify the direct and indirect exposure of Italian labor markets to two major sources of...

This paper quantifies the micro- and macro-level consequences of the sudden appreciation of the Swiss franc in 2015, one of the sharpest and most persistent currency movements in recent decades. Using detailed firm-level data on French imports and exports, we show that the Swiss franc...

Transmission channels from monetary shocks might be identified by studying the features of the production network. The main aim of this paper is to provide insights about the role of production network into the propagation of monetary policy shocks in G7 economies. Time-varying Bayesian...

This paper estimates how the impact of a natural disaster propagates through the production network. More precisely, we look at the excessive rainfall in the summer of 2021 that caused large areas to be severely flooded in Belgium. We first look at the direct effects on firms active in the...

Carbon markets are a central instrument to decarbonise our economies and mitigate the impacts of climate change. Within the European Union, carbon pricing to date has primarily targeted electricity generation and greenhouse gas-intensive industries, and regulatory focus has typically been...

In recent years, there has been a controversial debate on how the rapid diffusion of digital technologies affects labour productivity in advanced economies. Using a multi-sector dynamic general equilibrium model, we show that cumulative labour productivity growth in the United States, Germany...

This paper reviews the theoretical and empirical foundations of peer and network effects, aiming to bridge insights from both literatures. We first analyze the microfoundations of peer effects through linear-quadratic network games, linking equilibrium behavior to network centrality and...

Motivated by an increasing interest in the influence of corporate boards on environmental and societal organizational outcomes, this study aims to clarify the dynamic interplay among corporate network strategy, board social learning, and board structure in shaping corporate environmental and...

The entrepreneurial performance of new ventures operating within the sustainable open innovation paradigm remains underexplored, particularly in terms of how specific sustainability-oriented practices translate into measurable performance outcomes. Prior research has largely examined...

Across many countries, young adults face a persistent skills mismatch, with firms reporting difficulty finding candidates with adequate soft skills. In Rwanda, young women face particularly acute barriers to securing employment. This study evaluates a two-week intensive soft skills training...

I empirically measure the effectiveness of high-yielding variety (HYV) seeds and irrigation in adapting to climate-related agricultural productivity shocks using data on agriculture production from 1966 to 2011. I find that the usage of these additional inputs in production reduces the impact of...

This study aims to explore the relationship between a company manager's activities and their impact on business performance. Networking is considered a worthy factor in professional and organizational success, providing access to important research, industry insights and future partnerships....

The smooth functioning of the repo market is essential to financial stability. However, the market has faced repeated episodes of stress in recent years. This paper examines the resilience of the euro-denominated repo market during recent episodes of elevated financial stress, drawing on...

The promise of Artificial Intelligence (AI) in residential energy is consumer empowerment, yet without appropriate governance the emerging reality may be its opposite. As households become data producers, behavioural subjects, and operational assets within intelligent electricity networks, a...

The UK has committed to ambitious targets for clean power. A key constraint in achieving these targets is how quickly renewable energy generators can connect to the transmission network. To address this, new policies (including CNDM, SSEP, and the CP30 Action Plan) are being introduced to reform...

We present a new dynamic model of corporate investment in imperfectly-competitive product markets, extending the neoclassical (Q) theory of capital to a multi-firm, multi-product, fullystructural model. Our model embeds a state-of-the-art hedonic demand system, endogenizes firms' markups and...

Since 2018, tariffs have re-emerged as a tool for protecting domestic economies, particularly in the US. This paper examines the macroeconomic and welfare effects of various import tariff scenarios using a four-region dynamic general equilibrium model with a multi-sectoral production network....

We conduct an artefactual field experiment in real-existing trade networks to analyze how individual network degree affects bargaining demands and outcomes. We combine data from a bilateral bargaining experiment with data of trade networks in 24 villages in Uganda. To identify the effect of...

The adoption of innovations to support technological transitions is widely recognized as a key strategic lever for maintaining competitiveness, but while many studies have explored the general determinants of innovation, less is known about the factors that foster the development of innovation...

Despite the growing role of business incubators in fostering digital startups in emerging economies, the mechanism through which business incubator characteristics, specifically relational capital and structural embeddedness, influence startup innovation performance remains underexplored,...

Background: This study evaluates an additive manufacturing (AM) network designed to balance economic performance, lead time, and environmental impact within the healthcare logistics and supply chain. Methods: An integrated framework is proposed that identifies optimal AM facility locations using...

Background: The integration of unmanned aerial vehicles (UAVs) into warehouse management is shaped by a broad spectrum of influencing factors, yet practical adoption lagged behind its potential due to scarce quantitative models of factor interdependencies. Methods: This study systematically...