Spreading Effect in Industrial Complex Network Based on Revised Structural Holes Theory.

This paper analyzed the spreading effect of industrial sectors with complex network model under perspective of econophysics. Input-output analysis, as an important research tool, focuses more on static analysis. However, the fundamental aim of industry analysis is to figure out how interaction betwe...

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Main Authors: Lizhi Xing, Qing Ye, Jun Guan
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2016-01-01
Series:PLoS ONE
Online Access:http://europepmc.org/articles/PMC4878807?pdf=render
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author Lizhi Xing
Qing Ye
Jun Guan
author_facet Lizhi Xing
Qing Ye
Jun Guan
author_sort Lizhi Xing
collection DOAJ
description This paper analyzed the spreading effect of industrial sectors with complex network model under perspective of econophysics. Input-output analysis, as an important research tool, focuses more on static analysis. However, the fundamental aim of industry analysis is to figure out how interaction between different industries makes impacts on economic development, which turns out to be a dynamic process. Thus, industrial complex network based on input-output tables from WIOD is proposed to be a bridge connecting accurate static quantitative analysis and comparable dynamic one. With application of revised structural holes theory, flow betweenness and random walk centrality were respectively chosen to evaluate industrial sectors' long-term and short-term spreading effect process in this paper. It shows that industries with higher flow betweenness or random walk centrality would bring about more intensive industrial spreading effect to the industrial chains they stands in, because value stream transmission of industrial sectors depends on how many products or services it can get from the other ones, and they are regarded as brokers with bigger information superiority and more intermediate interests.
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spelling doaj.art-678d4b06bcc245acbfb7146850d8c6822022-12-22T02:37:29ZengPublic Library of Science (PLoS)PLoS ONE1932-62032016-01-01115e015627010.1371/journal.pone.0156270Spreading Effect in Industrial Complex Network Based on Revised Structural Holes Theory.Lizhi XingQing YeJun GuanThis paper analyzed the spreading effect of industrial sectors with complex network model under perspective of econophysics. Input-output analysis, as an important research tool, focuses more on static analysis. However, the fundamental aim of industry analysis is to figure out how interaction between different industries makes impacts on economic development, which turns out to be a dynamic process. Thus, industrial complex network based on input-output tables from WIOD is proposed to be a bridge connecting accurate static quantitative analysis and comparable dynamic one. With application of revised structural holes theory, flow betweenness and random walk centrality were respectively chosen to evaluate industrial sectors' long-term and short-term spreading effect process in this paper. It shows that industries with higher flow betweenness or random walk centrality would bring about more intensive industrial spreading effect to the industrial chains they stands in, because value stream transmission of industrial sectors depends on how many products or services it can get from the other ones, and they are regarded as brokers with bigger information superiority and more intermediate interests.http://europepmc.org/articles/PMC4878807?pdf=render
spellingShingle Lizhi Xing
Qing Ye
Jun Guan
Spreading Effect in Industrial Complex Network Based on Revised Structural Holes Theory.
PLoS ONE
title Spreading Effect in Industrial Complex Network Based on Revised Structural Holes Theory.
title_full Spreading Effect in Industrial Complex Network Based on Revised Structural Holes Theory.
title_fullStr Spreading Effect in Industrial Complex Network Based on Revised Structural Holes Theory.
title_full_unstemmed Spreading Effect in Industrial Complex Network Based on Revised Structural Holes Theory.
title_short Spreading Effect in Industrial Complex Network Based on Revised Structural Holes Theory.
title_sort spreading effect in industrial complex network based on revised structural holes theory
url http://europepmc.org/articles/PMC4878807?pdf=render
work_keys_str_mv AT lizhixing spreadingeffectinindustrialcomplexnetworkbasedonrevisedstructuralholestheory
AT qingye spreadingeffectinindustrialcomplexnetworkbasedonrevisedstructuralholestheory
AT junguan spreadingeffectinindustrialcomplexnetworkbasedonrevisedstructuralholestheory