Quantifying firm-level economic systemic risk from nation-wide supply networks - Scientific Reports

Figurea shows temporal changes of companies in the plateau between 2016 and 2017. Companies in the horizontal shaded area are in the 2017 plateau, but showed less ESR in 2016. Companies in the vertical shaded area are in the 2016 plateau, but not in 2017, i.e. reduced their ESRI. 20 out of 32 2016-plateau-firms remain in the 2017-plateau . Of the 12 companies leaving the plateau from 2016 to 2017 some remain very risky others become less risky . 12 companies enter the plateau in 2017 .

a we show three different economic shock scenarios that affect the NACE4 class 2611 . All three initial shocks have the same size on the sector level, but affect different companies within the sector. Theis exogenously applied and triggers a spreading of shocks in the production network. Theis the shock each sector receives as a result of the propagation of the initial shock.

), affected by the initial shock. The first shock scenario serves as a reference scenario. It applies a homogeneous initial shock of 18% to all of the 69 firms in sector 2611. The received shock of all 568 NACE 4 sectors present in the data marks the reference response. The received shocks are shown on the y-axis as a fraction of this reference response, and by construction, the received shock for the homogeneous scenario is 1 .

We find that the 32 top risky companies contribute to 45 % of the entire systemic risk, the top 100 companies contribute to 74 %. Only 165 companies have more than 1% risk . The 32 top risky companies show extremely high systemic risk of about 23%. They are connected by a network of highly critical supply relations . Of those, only a fraction appears to be inherently risky .

CSHVienna SciReports This is VERY cool! 'unique dataset of value-added tax (VAT) information', you are lucky to have this. I am working on a similar thing for flow-of-funds in the financial sector, as I get time and can find data. Anyone got data!

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ethereum Gas Costs Are Spiking as Lending Platforms Report Increased Gas ConsumptionWhile traders are pulling their funds from DeFi solutions following the crash of UST Ethereum reports increased gas usage after transaction fees spike to 1000 Gwei
Source: Utoday_en - 🏆 295. / 63 Read more »

U.S. gas prices set record for second straight dayThe average for a gallon of regular gas reached an all-time high of $4.40 on Wednesday after increasing by 3 cents overnight, AAA said. Lmao. Current administration is a shit show. It’s way pricer at my gas station than even this pic But inflation and higher gas prices are good. 🤦‍♂️
Source: DenverChannel - 🏆 239. / 63 Read more »

U.S. plays 'dangerous game' in trying to 'cancel' Russia, ambassador saysRussian envoy Anatoly Antonov told Newsweek that 'even during the Cold War, our nations continued cultural, educational and scientific contacts,' as these ties are now cut. War crimes tend to polarise people numbnuts!
Source: Newsweek - 🏆 468. / 52 Read more »

Ukrainian counteroffensive puts Russian supply lines at riskRussia pounded the port cities of Mariupol and Odesa with missile strikes on Tuesday while Ukrainian forces launched a fierce counteroffensive to the north and reportedly pushed Russian troops back toward their border, as the two sides reach what U.S. intelligence officials say could be a prolonged “stalemate” that lasts for months or even years.
Source: WashTimes - 🏆 235. / 63 Read more »

Luna token supply hits 25 billion — up by nearly 24 billion todayThe circulating supply of Luna (LUNA) has broken above the 25 billion mark as the token is being minted on an exponential level. Timccopeland Officially a Shitcoin Timccopeland 30 bill LUNA now. they are trying to liquidity billion of cash Timccopeland Pennies on the dollar 😬😬
Source: TheBlock__ - 🏆 464. / 53 Read more »