Structural Sustainability of the Polish Trade System

• Authors: P. Fiedor
• Languages of publication: EN

Abstracts

EN

We use multi-region Input-Output databases to show the sustainability of the Polish trade system. Analyses of the robustness of the supply system as a whole are missing in the literature, in strong contrast with a wide variety of network analyses inquiring into the resilience of financial systems. We represent the trade system as a flow network, and use information-theoretic approach to address growth and development of such a system. We perform an analysis of the development, robustness, and structural sustainability of the Polish trade system based on national Input-Output Tables (in current prices) for Poland for the years between 1995 and 2011. As such, we are also able to comment on the changes of the studied characteristics over the years. Further, we compare the results with the results obtained for the global supply system based on the multi-region Input-Output Tables. We find the Polish supply system to be much less organised than the global supply system. We also quantify the effect of the 2008 financial crisis on the size and organisation of the trade system in Poland.

Keywords

EN

89.20.-a; 89.65.Gh

Discipline

• 89.20.-a: Interdisciplinary applications of physics
• 89.65.Gh: Economics; econophysics, financial markets, business and management(for economic issues regarding production and use of renewable energy, see 88.05.Lg)

• Journal: Acta Physica Polonica A
• Year: 2016
• Volume: 129
• Issue: 5
• Pages: 1004-1007

Dates

published

2016-05

Contributors

author

P. Fiedor

• African Institute of Financial Markets and Risk Management, University of Cape Town, Rondebosch, Cape Town, 7700, South Africa

References

• [1] G. Barbiroli, Technovation 16, 341 (1996), doi: 10.1016/0166-4972(96)00024-7
• [2] J. Sarkis, Greener Manufacturing and Operations: From Design to Delivery and Back, Greenleaf, Sheffield 2001, p. 150, doi: 10.1108/emh.2002.13.2.223.1
• [3] K.-H. Robert, B. Schmidt-Bleek, J. Aloisi de Larderel, G. Basile, J.L. Jansen, R. Kuehr, P. Price Thomas, M. Suzuki, P. Hawken, M. Wackernagel, J. Clean. Prod. 10, 197 (2002), doi: 10.1016/S0959-6526(01)00061-0
• [4] S.A. Waage, K. Geiser, F. Irwin, A.B. Weissman, M.D. Bertolucci, P. Fisk, G. Basile, S. Cowan, H. Cauley, A. McPherson, J. Clean. Prod. 13, 1145 (2002), doi: 10.1016/j.jclepro.2004.06.003
• [5] T.W. Sloan, J. Global Bus. Manag. 6, 92 (2010)
• [6] R.E. Ulanowicz, S.J. Goerner, B. Lietaer, R. Gomez, Ecological Complexity 6, 27 (2009), doi: 10.1016/j.ecocom.2008.10.005
• [7] S.J. Goerner, B. Lietaer, R.E. Ulanowicz, Ecol. Econ. 69, 76 (2009), doi: 10.1016/j.ecolecon.2009.07.018
• [8] H.E. Daly, Beyond Growth: The Economics of Sustainable Development, Beacon Press, Boston 1997
• [9] W. Leontief, The Structure of the American Economy, 1919-1939, Oxford University Press, New York 1951
• [10] R.M. May, Nature 238, 413 (1972), doi: 10.1038/238413a0
• [11] C.S. Holling, Annu. Rev. Ecol. Syst. 4, 1 (1973), doi: 10.1146/annurev.es.04.110173.000245
• [12] W.C. Clark, R.E. Munn, Sustainable Development of the Biosphere, Cambridge University Press, Cambridge 1986, p. 291
• [13] B.H. Walker, J.M. Anderies, A.P. Kinzig, P. Ryan, Exploring Resilience in Social-Ecological Systems: Comparative Studies and Theory Development, CSIRO Publ., Collingwood, Victoria 2006
• [14] J. Huang, R.E. Ulanowicz, PLoS ONE 9, e100923 (2014), doi: 10.1371/journal.pone.0100923
• [15] T. Cover, J. Thomas, Elements of Information Theory, Wiley, New York 1991, doi: 10.1002/0471200611

Identifiers

DOI

10.12693/APhysPolA.129.1004