Related papers: Production Networks and War
We model sectoral production by cascading binary compounding processes. The sequence of processes is discovered in a self-similar hierarchical structure stylized in the economy-wide networks of production. Nested substitution elasticities…
The recent financial crisis has stressed the need to understand financial systems as networks of interdependent countries, where cross-border financial linkages play the fundamental role. It has also been emphasized that the relevance of…
We study an influence network of voters subjected to correlated disordered external perturbations, and solve the dynamical equations exactly for fully connected networks. The model has a critical phase transition between disordered unimodal…
The demand for electricity is undergoing considerable spatial and temporal change. With the uptake of efficient technologies and increased electrification, a better understanding of how potential changes in demand patterns can affect…
Using administrative data on the universe of inter-firm transactions in Spain, we show that firms learn to import from their domestic suppliers and customers. Our identification strategy exploits the panel structure of the data, the…
Following the Russian Federation's full-scale invasion of Ukraine in February 2022, a multitude of information narratives emerged within both pro-Russian and pro-Ukrainian communities online. As the conflict progresses, so too do the…
The business elite constitutes a small but strikingly influential subset of the population, oftentimes affecting important societal outcomes such as the consolidation of political power, the adoption of corporate governance practices, and…
Countries participate in global value chains by engaging in backward and forward transactions connecting multiple geographically dispersed production stages. Inspired by network theory, we model global trade as a multilayer network and…
The Russian invasion of Ukraine has caused large scale destruction, significant loss of life, and the displacement of millions of people. Besides those fleeing direct conflict in Ukraine, many individuals in Russia are also thought to have…
We review the evidence that the erratic dynamics of markets is to a large extent of endogenous origin, i.e. determined by the trading activity itself and not due to the rational processing of exogenous news. In order to understand why and…
Despite the huge interest in network resilience to stress, most of the studies have concentrated on internal stress damaging network structure (e.g., node removals). Here we study how networks respond to environmental stress deteriorating…
This study examines elite-driven political communication on Telegram during the ongoing Russo-Ukrainian war, the first large-scale European war in the social media era. Using a unique dataset of Telegram public posts from Ukrainian and…
To estimate the reaction of economies to political interventions or external disturbances, input-output (IO) tables -- constructed by aggregating data into industrial sectors -- are extensively used. However, economic growth, robustness,…
Framing used by news media, especially in times of conflict, can have substantial impact on readers' opinion, potentially aggravating the conflict itself. Current studies on the topic of conflict framing have limited insights due to their…
The employment status of billions of people has been affected by the COVID epidemic around the Globe. New evidence is needed on how to mitigate the job market crisis, but there exists only a handful of studies mostly focusing on developed…
Real-world attacks can be interpreted as the result of competitive interactions between networks, ranging from predator-prey networks to networks of countries under economic sanctions. Although the purpose of an attack is to damage a target…
This paper examines the impact of climate shocks on 13 European economies analysing jointly business and financial cycles, in different phases and disentangling the effects for different sector channels. A Bayesian Panel Markov-switching…
This paper presents BAR-Analytics, a web-based, open-source platform designed to analyze news dissemination across geographical, economic, political, and cultural boundaries. Using the Russian-Ukrainian and Israeli-Palestinian conflicts as…
The energy trade is an important pillar of each country's development, making up for the imbalance in the production and consumption of fossil fuels. Geopolitical risks affect the energy trade of various countries to a certain extent, but…
Global trade is shaped by a complex mix of factors beyond supply and demand, including tangible variables like transport costs and tariffs, as well as less quantifiable influences such as political and economic relations. Traditionally,…