TY -
GEN
AU - Weisbuch, Gérard
AU - Battiston, Stefano
TI -
From production networks to geographical economics
KW - Networks
KW - Supply
KW - Credit chains
KW - Geographical economics
PY - 2007
N2 - Postprint
N2 - begutachtet (peer reviewed)
N2 - In: Journal of Economic Behavior & Organization ; 64 (2007) 3-4 ; 448-469
N2 - Although standard economics textbooks are seldom interested in production networks, modern economies are more and more based upon supplier/ customer interactions. One can consider entire sectors of the economy as generalised supply chains. We will take this view in the present paper and study under which conditions local failures to produce or simply to deliver can result in avalanches of shortage and bankruptcies and in localisation of the economic activity. We will show that a large class of models exhibit scale free distributions of production and wealth among firms and that regions of high production are localised.
UR - http://slubdd.de/katalog?TN_libero_mab2
ER -