On the emergence of scale-free production networks

Stanislao Gualdi () and Antoine Mandel
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Stanislao Gualdi: CentraleSupélec, MICS - Mathématiques et Informatique pour la Complexité et les Systèmes - CentraleSupélec

PSE-Ecole d'économie de Paris (Postprint) from HAL

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.

Keywords: General equilibrium; Production network; Monopolistic competition; Distribution of firms׳ size; Firms demographics; Scale-free networks (search for similar items in EconPapers)
Date: 2016-10-15
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01387547v1
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Citations: View citations in EconPapers (23)

Published in Journal of Economic Dynamics and Control, 2016, 73, pp.61-77. ⟨10.1016/j.jedc.2016.09.012⟩

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Related works:
Journal Article: On the emergence of scale-free production networks (2016)
Working Paper: On the emergence of scale-free production networks (2016)
Working Paper: On the emergence of scale-free production networks (2016)
Working Paper: On the emergence of scale-free production networks (2016)
Working Paper: On the emergence of scale-free production networks (2015)
Working Paper: On the emergence of scale-free production networks (2015)
Working Paper: On the emergence of scale-free production networks (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:pseptp:halshs-01387547

DOI: 10.1016/j.jedc.2016.09.012

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