Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10012509184
This paper argues that an economy becomes more resilient to nationwide shocks such as financial crises when the input-output network has high entropy. In networks, entropy increases as each node has widely and evenly distributed relationships with other nodes. I use a multisector general...
Persistent link: https://www.econbiz.de/10013308832