Izvorni znanstveni članak
https://doi.org/10.1515/bsrj-2015-0010
Industry Productivity Growth: A Network Perspective
Joe Teng
; Troy University, United States
Dazhong Wu
; Troy University, United States
Fran Smith
; Troy University, United States
Sažetak
Background: This study investigates the determinants of industrial productivity growth from a network perspective. Objectives: The research focuses on the influence on a focal industry’s productivity growth by its partner industries’ productivity growth, and the impact of the focal industry’s position in the supply chain network. Method/Approach: The paper models the economy as a customer-supplier industry network and empirically investigates how a focal industry’s multifactor productivity is influenced by the productivities of industries that are connected to it, and how this influence is moderated by its position in the network. Results: Based on a balanced panel dataset of 55 industries from the United States Bureau of Economic Analysis (BEA) input-output accounts, the results indicate that a focal industry’s productivity growth is positively associated with its partner industries’ productivity growth, and that industries with higher centrality in the network tend to have higher productivity growth. Conclusions: The study concludes with a discussion on the implications of the findings and the contribution to the productivity literature. Several directions for further research were identified.
Ključne riječi
industry network; multi-productivity; network centrality; network perspective; customer-supplier industry network
Hrčak ID:
146901
URI
Datum izdavanja:
15.9.2015.
Posjeta: 1.329 *