The Role of the Domestic Market Scale in Enhancing Self-Resilience: Analysis based on the PageRank centrality of RCEP and G7 Countries

IF 16.4 1区 化学 Q1 CHEMISTRY, MULTIDISCIPLINARY
Lei Wang, Xinya Gao, T. Ramsey, G. Hewings
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引用次数: 0

Abstract

ABSTRACT How emerging economies could improve their self-resilience is our focus. This paper employs the hypothetical extraction method, PageRank algorithm and the 2005–2019 Comtrade database to analyse the impacts of domestic market scale on the economy’s resilience in the value chains and conditions under which it is affected. The empirical results show that expanding the scale of the domestic market would significantly improve the economy’s resilience in both the RCEP and G7 value chains. Our conclusions support the enrichment of pathways for economies with relatively backward technologies to cope with unexpected shocks and gradually restore economic vitality.
国内市场规模在增强自我弹性中的作用——基于RCEP和G7国家PageRank中心性的分析
新兴经济体如何提高其自我恢复能力是我们关注的焦点。本文采用假设提取方法、PageRank算法和2005-2019年Comtrade数据库,分析了国内市场规模对经济价值链弹性的影响及其影响条件。实证结果表明,扩大国内市场规模将显著提高经济在RCEP和G7价值链上的弹性。我们的结论支持了技术相对落后的经济体应对意外冲击、逐步恢复经济活力的路径丰富。
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来源期刊
Accounts of Chemical Research
Accounts of Chemical Research 化学-化学综合
CiteScore
31.40
自引率
1.10%
发文量
312
审稿时长
2 months
期刊介绍: Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.
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