CSH Talk by François Lafond “Firm-level production networks: what do we (really) know?”
Jun 07, 2023 | 15:00—16:00
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François Lafond (University of Oxford) will present a talk on Wednesday, June 7 at 3 PM at the Salon.
Title: Firm-level production networks: what do we (really) know?
Abstract: Are standard production network properties similar across all available datasets, and if not, why? We provide benchmark results from two administrative datasets (Ecuador and Hungary), which are exceptional in that there is no reporting threshold. We compare these networks to a leading commercial dataset (FactSet) and published results on national firm-level production networks. Administrative datasets with no reporting thresholds have remarkably similar quantitative properties, while a number of important properties are biased in datasets with missing data. This is joint work with Andrea Bacilieri, András Borsos, and Pablo Astudillo-Estevez, and is available at https://www.inet.ox.ac.uk/publications/no-2023-08-firm-level-production-networks-what-do-we-really-know/
Bio: François is Deputy Director of the Complexity Economics group at the Institute for New Economic Thinking at the University of Oxford. His main areas of research are in the economics of innovation and productivity, environmental economics, networks, and complex systems, applied econometrics, and forecasting.