• Complex
  • Title
  • Keyword
  • Abstract
  • Scholars
  • Journal
  • ISSN
  • Conference
搜索

Author:

Yin, S. (Yin, S..) | Xing, L. (Xing, L..) | Zhang, P. (Zhang, P..) | Duan, Y. (Duan, Y..)

Indexed by:

EI Scopus

Abstract:

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.

Keyword:

global production network regional comprehensive economic partnership agreements nested structure theory stability intermediate products trade

Author Community:

  • [ 1 ] [Yin S.]College of Economics and Management, Beijing University of Technology, Beijing, 100124, China
  • [ 2 ] [Xing L.]College of Economics and Management, Beijing University of Technology, Beijing, 100124, China
  • [ 3 ] [Zhang P.]College of Economics and Management, Beijing University of Technology, Beijing, 100124, China
  • [ 4 ] [Duan Y.]School of International Trade and Economics, Central University of Finance and Economics, Beijing, 102206, China

Reprint Author's Address:

Email:

Show more details

Related Keywords:

Source :

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

Affiliated Colleges:

Online/Total:1269/10605459
Address:BJUT Library(100 Pingleyuan,Chaoyang District,Beijing 100124, China Post Code:100124) Contact Us:010-67392185
Copyright:BJUT Library Technical Support:Beijing Aegean Software Co., Ltd.