Firm Networks in the Great Depression
Principal Investigator(s): View help for Principal Investigator(s) Nicolas Ziebarth, University of Missouri; Chris Vickers, Auburn University; Erik Loualiche, University of Minnesota
Version: View help for Version V1
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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:
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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:
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National Science Foundation (SES 1122509);
National Science Foundation (SES 1459263)
Scope of Project
Subject Terms:
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manufacturing industry;
Great Depression;
Firms;
Establishments
Geographic Coverage:
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United States
Time Period(s):
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1/1/1929 – 1/1/1935
Universe:
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Establishments from approximately 25 industries in the 1929, 1931, 1933, and 1935 Census of Manufactures
Methodology
Data Source:
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Census of Manufactures
Unit(s) of Observation:
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Establishments
Related Publications
Published Versions
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