Economics at your fingertips  

Hierarchy in industrial structure: The cases of China and the USA

Fei Hu, Shangmei Zhao, Tao Bing and Yiming Chang

Physica A: Statistical Mechanics and its Applications, 2017, vol. 469, issue C, 871-882

Abstract: Although several studies have investigated the industrial structure from the perspective of network, the focus is mainly on the identification of key sectors, and little is known about the hierarchical structure, and its impact on economic performance. Using the World Input–Output Tables (WIOTs), this paper performs a comparative study of the hierarchy in industrial structures of China and the USA. Specifically, the hierarchy is generally confirmed in the networks of industrial structure, although in different levels for China and the USA: the level of hierarchy in industrial structure of the USA is much higher than that of China. To intuitively comprehend the evolution over time in a much visualized way, we also present the backbone network of industrial structure via minimum spanning tree (MST), leading to interesting insights about the origins of hierarchy. Further, the impact of the hierarchy in network on economic performance is also explored, and the result suggests that a hierarchy of a moderate range might be better for economic growth.

Keywords: Hierarchy; Industrial structure; Minimum spanning tree; Key sector; Network analysis (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only. Journal offers the option of making the article available online on Science direct for a fee of $3,000

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Physica A: Statistical Mechanics and its Applications is currently edited by K. A. Dawson, J. O. Indekeu, H.E. Stanley and C. Tsallis

More articles in Physica A: Statistical Mechanics and its Applications from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

Page updated 2019-11-14
Handle: RePEc:eee:phsmap:v:469:y:2017:i:c:p:871-882