Gateway to Think Tanks
来源类型 | Reports and working papers |
规范类型 | 报告 |
Production structure and economic fluctuations. | |
Ciarli, Tommaso; Valente, Marco | |
发表日期 | 2006-11-18 |
出版者 | Laboratory of Economics and Management, Sant'Anna School of Advanced Studies |
出版年 | 2006 |
语种 | 英语 |
摘要 | We aim at contributing to the debate on the mechanisms and properties of economic fluctuations. We consider a crucial aspect among many thought to influence this ubiquitous and extremely relevant phenomenon: the interaction structure that characterises the organisation of production, that is, the production relation among sectors of a system. We build — and simulate — a very simple model representing an input–output system where sectors/firms adapt production and desired levels of stocks. Their output serves both an exogenous final demand and the intermediate demand solicited by the other sectors of the system. Series of simulation runs allow to derive relevant and non–obvious conclusions concerning the levels and, more importantly, the volatility of economic activity, as an outcome of the same, inherent, economic structure. We claim that the results that we obtain through the highly abstract representation we use, provide useful intuitions on the working of economic cycles, to be later integrated by further studies. As a by–product of our analysis, we also suggest that the methodology we adopt can provide valuable insights by allowing a detailed analysis of the time path generated in the artificial systems, and there- fore assessing with precisions the same mechanisms that affect real–world systems. The natural following step, left for further research, is to investigate how those mechanisms are empirically generated. |
特色分类 | HB Economic theory. Demography |
URL | http://sro.sussex.ac.uk/id/eprint/57180/ |
来源智库 | Science Policy Research Unit (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/467282 |
推荐引用方式 GB/T 7714 | Ciarli, Tommaso,Valente, Marco. Production structure and economic fluctuations.. 2006. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
CV07_BusinessFluctua(421KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。