On the emergence of scale-free production networks

Abstract : We propose a simple dynamical model for the formation of production networks among monopolistically competitive firms. The model subsumes the standard general equilibrium approach à la Arrow–Debreu but displays a wide set of potential dynamic behaviors. It robustly reproduces key stylized facts of firms׳ demographics. Our main result is that competition between intermediate good producers generically leads to the emergence of scale-free production networks.
Document type :
Journal articles
Complete list of metadatas

Cited literature [41 references]  Display  Hide  Download

https://halshs.archives-ouvertes.fr/halshs-01387547
Contributor : Antoine Mandel <>
Submitted on : Tuesday, November 29, 2016 - 10:25:46 PM
Last modification on : Monday, July 9, 2018 - 10:14:37 AM
Long-term archiving on : Monday, March 27, 2017 - 7:20:19 AM

File

JEDCFinalAuthorVersion.pdf
Files produced by the author(s)

Identifiers

Citation

Stanislao Gualdi, Antoine Mandel. On the emergence of scale-free production networks. Journal of Economic Dynamics and Control, Elsevier, 2016, 73, pp.61-77. ⟨http://www.sciencedirect.com/science/article/pii/S0165188916301543⟩. ⟨10.1016/j.jedc.2016.09.012 ⟩. ⟨halshs-01387547⟩

Share

Metrics

Record views

272

Files downloads

431