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Project Citation: 

Ziebarth, Nicolas, Vickers, Chris, and Loualiche, Erik. Firm Networks in the Great Depression . Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2025-05-02. https://doi.org/10.3886/E227501V1

Project Description

Summary:  View help for Summary We study how firms allocate resources across their constituent establishments in response to local economic shocks in the context of the Great Depression. Using establishment-level data from the Census of Manufactures, we find that establishmentsin multi-plant firms are affected by local shocks in the regions in which the other establishments comprising the firm are located. In particular, establishment employment is positively affected by positive shocks to the local supply of credit to other establishments that make up the firm. Our results show the important role of firms in the geographic propagation of local economic shocks
Funding Sources:  View help for Funding Sources National Science Foundation (SES 1122509); National Science Foundation (SES 1459263)

Scope of Project

Subject Terms:  View help for Subject Terms manufacturing industry; Great Depression; Firms; Establishments
Geographic Coverage:  View help for Geographic Coverage United States
Time Period(s):  View help for Time Period(s) 1/1/1929 – 1/1/1935
Universe:  View help for Universe Establishments from approximately 25 industries in the 1929, 1931, 1933, and 1935 Census of Manufactures

Methodology

Data Source:  View help for Data Source Census of Manufactures
Unit(s) of Observation:  View help for Unit(s) of Observation Establishments

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