Related papers: Structural Consequences of Policy-Based Interventi…
Technological improvement is the most important cause of long-term economic growth. We study the effects of technology improvement in the setting of a production network, in which each producer buys input goods and converts them to other…
Oligarchic control exerts significant distortions on economic efficiency. Ukraine exemplifies this phenomenon, where oligarchs dominate key sectors and achieve economies of scale through vertical integration of coal mines, steel mills, and…
Mitigating losses from supply and demand volatility in the semiconductor supply chain and market has traditionally been cast as a logistics and forecasting problem. We investigate how the architecture of a family of chips influences how it…
With a growing share of electric vehicles (EVs) in our distribution grids, the need for smart charging becomes indispensable to minimise grid reinforcement. To circumvent the associated capacity limitations, this paper evaluates the…
In this paper we investigate the causal impact of the European Union Emissions Trading System, a cap-and-trade scheme limiting greenhouse gas emissions of firms, on their environmental performance. Although previous studies have focused…
Recent events such as wars, sanctions, pandemics, and climate change have shown the importance of proper supply network management. A key step in managing supply networks is procurement. We present an approach for realizing a…
The world's power systems are undergoing a rapid transformation, shifting away from carbon-intensive power generation to renewable sources. As a result, electricity is being transported over ever longer distances, while the intrinsic system…
The trade tension between the U.S. and China since 2018 has caused a steady decoupling of the world's two largest economies. The pandemic outbreak in 2020 complicated this process and had numerous unanticipated repercussions. This paper…
Environmental, Social and Governance (ESG) rating is a way for investors to prioritise investments in companies with good corporate behaviour. However, ESG ratings are vulnerable to greenwashing in a number of ways. In this paper we study…
As a vital strategic resource, oil has an essential influence on the world economy, diplomacy and military development. Using oil trade data to dynamically monitor and warn about international trade risks is an urgent need. Based on the UN…
No matter its source, financial- or policy-related, uncertainty can feed onto itself, inflicting the real economic sector, altering expectations and behaviours, and leading to identification challenges in empirical applications. The strong…
Economic complexity reflects the amount of knowledge that is embedded in the productive structure of an economy. By combining tools from network science and econometrics, a robust and stable relationship between a country's productive…
In the context of transport electrification, a model coupling Electric Vehicles (EV) driving and charging decisions is considered. While a Traffic Assignment Problem (TAP) is considered for the driving part, the charging operation is done…
International commerce has long been seen as a key way to keep the global food system stable, allowing agricultural surpluses in some areas to compensate for shortages in others. This strategy has led to the rise of highly specialised…
International trade is based on a set of complex relationships between different countries that can be modelled as an extremely dense network of interconnected agents. On the one hand, this network might favour the economic growth of…
During the last decades two important contributions have reshaped our understanding of international trade. First, countries trade more with those with whom they share history, language, and culture, suggesting that trade is limited by…
We live in an age of consumption with an ever-increasing demand of already scarce resources and equally fast growing problems of waste generation and climate change. To tackle these difficult issues, we must learn from mother nature. Just…
The rise of social media and recommendation algorithms has sparked concerns about their role in fostering opinion polarization and echo chambers. We study these phenomena using an adaptive voter model to compare two connection mechanisms:…
The diffusion of Electric Vehicles (EVs) plays a pivotal role in mitigating greenhouse gas emissions, particularly in the U.S., where ambitious zero-emission and carbon neutrality objectives have been set. In pursuit of these goals, many…
We analyze the multilayer architecture of the global input-output network using sectoral trade data (WIOD, 2016 release). With a focus on the mesoscale structure and related properties, our multilayer analysis takes into consideration the…