The strength of domestic production networks: an economic application of the Finn cycling index

dc.author.affiliationDTOhu
dc.author.affiliationNONRKIhu
dc.author.mtmtid10064566
dc.author.mtmtid10015820
dc.author.mtmtid10007903
dc.contributor.authorBraun, Erik
dc.contributor.authorSebestyén, Tamás
dc.contributor.authorKiss, Tibor
dc.coverage.mtmtmtmthu
dc.date.accessioned2021-11-03T09:33:18Z
dc.date.available2021-11-03T09:33:18Z
dc.date.issued2021
dc.description.abstractThere has been an increasing interest in analyzing the structure of domestic and globalsupply chains/networks in the past decade. Concerns about potential (systemic) risks resulting from overdependence on global supply networks have been magnified during the lockdowns triggered by the COVID-19 pandemic in the last year. Strengthening local and/or domestic networks may be an adequate approach to overcome thesevere economic implications of this overdependence, but it also rises the questionof how one can measure the strength of domestic supply/production networks and design an appropriate structure. The objective of this paper is to propose a method for measurement and to provide a first-cut analysis with this method on a sample of economies. Building on ecological network analysis, we borrow the Finn cycling index from its toolbox and show a ranking of countries with respect to the strength of their domestic production networks based on this index. The results suggest that the countries are very heterogeneous both in terms of the level of cycling index and its sectoral decomposition. Using panel-econometric techniques, we point out the role of the openness and structural asymmetry in shaping this strength, also controlling for other macroeconomic characteristics of the economies. The estimates reveal that openness has a negative, while asymmetry has a positive effect on this index, but other country specific characteristics also play a role in shaping the systemic operation of national economies as measured by the Finn cycling index.hu
dc.description.accessszabadon elérhető / Open accesshu
dc.format.extentfirstpage1hu
dc.format.extentlastpage26hu
dc.format.extentvolume6hu
dc.identifier.citationApplied Network Science 6. Paper: (69), 26 p. (2021)hu
dc.identifier.doihttps://doi.org/10.1007/s41109-021-00411-5hu
dc.identifier.issn2364-8228hu
dc.identifier.mtmt-recordid32214127
dc.identifier.urihttps://appliednetsci.springeropen.com/articles/10.1007/s41109-021-00411-5
dc.identifier.urihttp://hdl.handle.net/11155/2482
dc.languageangolhu
dc.relation.ispartofjournalApplied Network Sciencehu
dc.relation.ispartofjournalissue59hu
dc.rightsCreative Commons Attribution Non-Commercial No Derivatives (CC-BY-NC-ND-4.0) Nevezd meg!-Ne add el!-Ne változtasd!hu
dc.subjectglobális értékláncokhu
dc.subjecttermelési hálózatokhu
dc.subjectgazdasági szerkezethu
dc.subjectinput-output hálózathu
dc.subjectciklikussághu
dc.titleThe strength of domestic production networks: an economic application of the Finn cycling indexen
dc.typejournalArticlehu
dc.type.descriptionfolyóiratcikkhu
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