A Theory of Input-Output Architecture
研究了生产网络结构如何内生形成,企业选择中间投入品导致规模差异,并影响个体与总体生产率,高弹性时出现明星供应商提升总体生产率。
Individual producers exhibit enormous heterogeneity in many dimensions. This paper develops a theory in which the network structure of production—who buys inputs from whom—forms endogenously. Entrepreneurs produce using labor and exactly one intermediate input; the key decision is which other entrepreneur's good to use as an input. Their choices collectively determine the economy's equilibrium input–output structure, generating large differences in size and shaping both individual and aggregate productivity. When the elasticity of output to intermediate inputs in production is high, star suppliers emerge endogenously. This raises aggregate productivity as, in equilibrium, more supply chains are routed through higher‐productivity techniques.