Complex Network-Based Global Value Chain Accounting System: From the Perspective of Econophysics

Preface
Contents
Part I Background
1 Fundamental Issues in This Book
	1.1 Concept of Econophysics
	1.2 Purpose of Book
	1.3 Literature Review
		1.3.1 Industrial Complex Network
		1.3.2 Global Value Chain
		1.3.3 Input–Output Network
	1.4 Data Structure
		1.4.1 Advantage of IO Table
		1.4.2 Available ICIO Database
		1.4.3 Hierarchy of Economies
		1.4.4 Classification of Industrial Sectors
	1.5 ICIO Network Model
	1.6 Summary
	References
Part II Topological Structure
2 Recognize the Trade Roles of Industrial Sectors
	2.1 Introduction
	2.2 Definition
		2.2.1 Trade Types on the GVC
		2.2.2 Decomposition of Trade Roles
	2.3 Measurement
		2.3.1 Statistical Inference on TBPs
		2.3.2 Measurment of Dependency
	2.4 Empirical Analysis: Economies’ Two Sorts of Dependence on Foreign Trade
		2.4.1 Statistics on All Economies
		2.4.2 Significance of Dual Circulation
		2.4.3 Economic Meanings of Network-Based Dependency
	2.5 Summary
	References
3 Probe the Industrial Linkages Reasonably and Effectively
	3.1 Introduction
	3.2 Methodology
		3.2.1 Path Issue in Similarity-Weight Network
		3.2.2 Revised Floyd-Warshall Algorithm
		3.2.3 Theoretical Basis of SRPL in GIVCN Model
		3.2.4 Computation of SRPL in Consideration of Self-loops
	3.3 Empirical Analysis: Fragments of GVC
		3.3.1 Single-Tuple Motif
		3.3.2 Double-Tuple Motif
		3.3.3 Triple-Tuple Motif
	3.4 Summary
	References
4 Find the Vital Industrial Sectors and IO Relations
	4.1 Introduction
	4.2 Measurement
		4.2.1 Average/Maximum Strongest Relevance Degree
		4.2.2 Betweenness Centrality of Node
		4.2.3 Betweenness Centrality of Edge
		4.2.4 Closeness Centrality of Node
	4.3 Connectedness/Compactness of NVC
	4.4 Pivotability of Industrial Sectors
		4.4.1 Overall Statistics
		4.4.2 Cross-National Analysis
		4.4.3 Robustness Analysis
	4.5 Pivotability of IO Relations
		4.5.1 Heterogeneity of Pivotability
		4.5.2 Domestic Pivotability
		4.5.3 International Pivotability
		4.5.4 Global Pivotability
	4.6 Coordinates of Industrial Sectors
		4.6.1 Overall Statistics
		4.6.2 Time-Series Analysis
		4.6.3 Cross-Country Analysis
		4.6.4 Cross-Sector Analysis
	4.7 Comparison with Similar Studies
	4.8 Summary
	References
Part III Markov Process
5 Measure the Global Impact of Industrial Sectors
	5.1 Introduction
	5.2 Methodology
		5.2.1 Features of Value Stream in Economic System
		5.2.2 Industrial Impact on the GVC
		5.2.3 Structural Holes Theory in Dynamic Network
	5.3 Measurement
		5.3.1 Random Walk Centrality
		5.3.2 Global Industrial Impact Coefficient
	5.4 Empirical Analysis: Macroeconomic Trend Forecast
		5.4.1 Comparative Analysis with Classic IO Theory
		5.4.2 Robustness Analysis
		5.4.3 Statistics on Major Economies
		5.4.4 Geographical Distribution of GIIC
		5.4.5 Correlation Analysis with GDP
	5.5 Summary
	References
6 Measure the Impact of Final Demands on the Global Production System
	6.1 Introduction
	6.2 Measurement
		6.2.1 Counting First Passage Betweenness
		6.2.2 Global Demand Dependence Index
	6.3 Empirical Analysis: Macroeconomic Trend Forecast
		6.3.1 Robustness Analysis
		6.3.2 The Econometric Analysis of Import/Export and GDDI
		6.3.3 Statistics on the Global Level
		6.3.4 Statistics on the Sectoral Level
	6.4 Discussion
		6.4.1 Economic Difference Between Static Metrics and Dynamic Metrics
		6.4.2 Intrinsic Relationship of Dynamic Metrics
		6.4.3 Correlation Analysis Between Static Metrics and Dynamic Metrics
	6.5 Summary
	References
7 Industrially Economic Impacts of Trump Administration's Trade Policy Toward China
	7.1 Bibliometrics on Sino-US Trade War
	7.2 Decomposition of GIIC
	7.3 Decomposition of GDDI
	7.4 Regression Analysis
	7.5 Simulation on the Year of 2020
	7.6 Conclusion
	References
Part IV Competition and Collaboration
8 Quantify the Competitive Strength and Weakness of Economies
	8.1 Introduction
	8.2 Methodology
		8.2.1 Bipartite Graph
		8.2.2 Resource Allocation Process
	8.3 Modeling
		8.3.1 Database Selection
		8.3.2 Modeling Framework
		8.3.3 GIVCNBG Model
		8.3.4 GIRCN Model
	8.4 Measurement
		8.4.1 Sector-Level Indices
		8.4.2 Country-Level Indices
		8.4.3 Correlation with GDP
	8.5 Empirical Analysis: Competitive Strength of TPP-Related Nations
		8.5.1 Time-Series Analysis on TPP-Relat Ed Nations
		8.5.2 Simulation on International Trade Policy
	8.6 Summary
	References
9 Quantify the Collaborative Opportunity and Threat of Economies
	9.1 Introduction
	9.2 Methodology
	9.3 Modeling
		9.3.1 Database Selection
		9.3.2 GPCCN Model
	9.4 Measurement
		9.4.1 Sector-Level Indices
		9.4.2 Country-Level Indices
		9.4.3 Correlation Analysis Between Competitive Strengths and Collaborative Opportunities
	9.5 Empirical Analysis: Collaborative Opportunity of BRI-Related Nations
		9.5.1 Simulation on Asian Nations
		9.5.2 Simulation on European Nations
		9.5.3 Simulation on African Nations
		9.5.4 Results and Discussions
	9.6 Summary
	References
Part V Evolutionary Mechanism
10 Extract the Backbone of Global Value Chain
	10.1 Introduction
	10.2 Formal Problem Setting
		10.2.1 Global Threshold
		10.2.2 Disparity Filter
	10.3 Proposed Algorithms
		10.3.1 Searching Paths
		10.3.2 Filtering Edges
		10.3.3 Mixed Strategy
	10.4 Results and Discussions
		10.4.1 Preservation of Structural Information
		10.4.2 Preservation of Functional Information
	10.5 Summary
	References
11 Identify the Worldwide Industrial Transfer Pattern
	11.1 Introduction
		11.1.1 Neoclassical School
		11.1.2 Behavioral School
		11.1.3 Institutional School
	11.2 Methodology
		11.2.1 Econometric Model in Industrial Economics
		11.2.2 Link Prediction in Complex Networks
	11.3 Framework
		11.3.1 GISRN Model
		11.3.2 Training and Evaluation Metrics
		11.3.3 Link Prediction Indices
		11.3.4 Accuracy of Prediction Algorithms
	11.4 Empirical Analysis I: Evolutionary Characteristics of Globalization
		11.4.1 Density of GVC Backbone
		11.4.2 Centralization of GVC Backbone
		11.4.3 Global Efficiency of GVC Backbone
	11.5 Empirical Analysis II: Evolutionary Mechanism of Globalization
		11.5.1 Overall Statistics
		11.5.2 Industrial Convergence
		11.5.3 Mega-Merger Tendency
		11.5.4 Industrial Agglomeration
		11.5.5 Niche Advantage
	11.6 Summary
	References
12 Depict the Nested Structure of Production System
	12.1 Introduction
	12.2 Modeling
	12.3 Measurement
		12.3.1 Sorting Methods
		12.3.2 Nestedness Quantification
	12.4 Statistical Analysis
		12.4.1 Divergence Analysis
		12.4.2 Trend Analysis
		12.4.3 Robustness Analysis
		12.4.4 Evolutionary Mechanism
	12.5 Econometric Analysis
		12.5.1 Correlation Between Variables
		12.5.2 Regression Model
	12.6 Empirical Analysis II: Brexit’s Impact on European Nations
		12.6.1 Brexit
		12.6.2 Simulation Setting
		12.6.3 Results and Discussions
	12.7 Empirical Analysis II: RCEP’s Economic Significance to Relevant Nations
		12.7.1 Rcep
		12.7.2 Simulation Setting
		12.7.3 Results and Discussions
	12.8 Summary
	References
Part VI Causal Inference
13 Connect the Structural Features and Economic Status
	13.1 Introduction
	13.2 Literature Review
	13.3 Econometric Model
	13.4 Hypotheses
		13.4.1 Hypothesis Formulation
		13.4.2 Hypothesis Testing
	13.5 Results and Discussions
		13.5.1 The Effects of Structural Capital
		13.5.2 The Effects of Relational Capital
		13.5.3 The Effects of Cognitive Capital
	13.6 Summary
	References
Postscript
Appendix A