The Impact of Node Addition and Deletion on Network Production Fluctuations

Fuente: arXiv
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Autore principale: Sefidi, Mahdi Kohan
Natura: Preprint
Pubblicazione: 2025
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author Sefidi, Mahdi Kohan
author_facet Sefidi, Mahdi Kohan
contents Production networks, dynamic systems of firms linked through input-output relationships, transmit microeconomic shocks into macroeconomic fluctuations. While prior studies often assume static networks, real-world economies feature continuous firm entry (node addition) and exit (node deletion). We develop a probabilistic model to analyze how these dynamics affect production volatility and network resilience. Integrating Leontief input-output frameworks with controllability theory. By quantifying fluctuations as expected values under probabilistic node dynamics, we identify trade-offs between adaptability and stability. Methodologically, we unify Kalman rank criteria and minimum input theory, offering policymakers insights to balance innovation-driven entry with safeguards against destabilizing exits.
format Preprint
id arxiv_https___arxiv_org_abs_2505_10154
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle The Impact of Node Addition and Deletion on Network Production Fluctuations
Sefidi, Mahdi Kohan
Theoretical Economics
Production networks, dynamic systems of firms linked through input-output relationships, transmit microeconomic shocks into macroeconomic fluctuations. While prior studies often assume static networks, real-world economies feature continuous firm entry (node addition) and exit (node deletion). We develop a probabilistic model to analyze how these dynamics affect production volatility and network resilience. Integrating Leontief input-output frameworks with controllability theory. By quantifying fluctuations as expected values under probabilistic node dynamics, we identify trade-offs between adaptability and stability. Methodologically, we unify Kalman rank criteria and minimum input theory, offering policymakers insights to balance innovation-driven entry with safeguards against destabilizing exits.
title The Impact of Node Addition and Deletion on Network Production Fluctuations
topic Theoretical Economics
url https://arxiv.org/abs/2505.10154