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• W3123696474 abstract "This article proposes a theoretical framework to investigate economic robustness to exogenous shocks such as natural disasters. It is based on a dynamic model that represents a regional economy as a network of production units through the disaggregation of sector-scale input–output tables. Results suggest that disaster-related output losses depend on direct losses heterogeneity and on the economic network structure. Two aggregate indexes – concentration and clustering – appear as important drivers of economic robustness, offering opportunities for robustness-enhancing strategies. Modern industrial organization seems to reduce short-term robustness in a trade-off against higher efficiency in normal times." @default.
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• W3123696474 date "2012-01-01" @default.
• W3123696474 modified "2023-10-12" @default.
• W3123696474 title "Firm-network characteristics and economic robustness to natural disasters" @default.
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• W3123696474 doi "https://doi.org/10.1016/j.jedc.2011.10.001" @default.
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