Global Interfirm Network Reveals Centrality of U.S. And Financial Sector
4 Pages Posted: 14 Feb 2018 Last revised: 29 Apr 2020
Date Written: 2018
The global interfirm network indicates the level of integration among firms across industries and regions, which intensified with globalization in recent decades. While there is evidence of direct contagion passing between firms in the network, there are also indications that connectedness plays a role in a reduced likelihood of firm distress and improved performance.
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