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In the wake of epochal international developments, such as Brexit, the Sino-American trade tensions, and global health crises exemplified by the outbreak of what is referred to as Newcastle pneumonia, the impetus towards regional economic integration has escalated as a strategic imperative for economies seeking resilience against multifaceted economic shocks. Concomitantly, there is a discernible shift characterized by the re-shoring of manufacturing, offshoring of industrial chains, and domestication of production processes. This shifting landscape necessitates rigorous investigation into the stability of regional economic systems. Leveraging an innovative framework premised on ecological nested structure theory, this study undertakes a tripartite empirical examination of production network stability within the Asia-Pacific realm through measurement, simulation, and evolutionary analyses. Our findings illuminate that the morphology of global and regional production networks conforms to a “core-periphery” topology. The evolutionary dynamics and concomitant economic ramifications of this structure find congruence with the Local World Evolutionary Network model within network science. Furthermore, we posit that nested metrics offer robust quantification of the stability of these economic systems. Notably, the generalist industrial sectors that are situated within the nested core contribute to the network’s stability, whereas specialist sectors induce potential destabilization. Simulation analyses using nested metrics reveal a strong correlation between a nation (region)’s role and its position within the production network, and the nation (region)’s level of economic development and capacity for risk mitigation. Moreover, an evolutionary examination of the Regional Comprehensive Economic Partnership (RCEP) affirms that augmenting trade volumes among member states fortifies the stability of (cross-border) production networks in the Asia-Pacific region, which, in turn, fosters economic growth and industrial optimization within the constituent countries (regions). © 2023 Systems Engineering Society of China. All rights reserved.
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System Engineering Theory and Practice
ISSN: 1000-6788
Year: 2023
Issue: 11
Volume: 43
Page: 3214-3229
Cited Count:
WoS CC Cited Count: 0
SCOPUS Cited Count: 1
ESI Highly Cited Papers on the List: 0 Unfold All
WanFang Cited Count:
Chinese Cited Count:
30 Days PV: 4
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