Global industrial impact coefficient based on random walk process and inter-country input-output table
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文摘
An analytical framework of GVC is proposed under the perspective of econophysics. CRCCRC can be used to measure sectors’ industrial spreading effect on the GVC. Sectors with bigger CRCCRC contribute more to the robustness of global economic system. Economies’ GIIC derived from CRCCRC is proportional to their relative competitive advantage.

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