(click to copy)

Publication

Monitoring supply networks from mobile phone data for estimating the systemic risk of an economy

Remarkably little is known about the structure, formation, and dynamics of supply- and production networks that form one foundation of society. Neither the resilience of these networks is known, nor do we have ways to systematically monitor their ongoing change. Systemic risk contributions of individual companies were hitherto not quantifiable since data on supply networks on the firm-level do not exist with the exception of a very few countries.

Here we use telecommunication meta data to reconstruct nationwide firm-level supply networks in almost real-time. We find the probability of observing a supply-link, given the existence of a strong communication-link between two companies, to be about 90%. The so reconstructed supply networks allow us to reliably quantify the systemic risk of individual companies and thus obtain an estimate for a country’s economic resilience.

We identify about 65 companies, from a broad range of company sizes and from 22 different industry sectors, that could potentially cause massive damages. The method can be used for objectively monitoring change in production processes which might become essential during the green transition.

 

T. Reisch, G. Heiler, C. Diem, P. Klimek, S. Thurner, Monitoring supply networks from mobile phone data for estimating the systemic risk of an economy, Scientific Reports 12 (13347) (2022)

0 Pages 0 Press 0 News 0 Events 0 Projects 0 Publications 0 Person 0 Visualisation 0 Art

Signup

CSH Newsletter

Choose your preference
   
Data Protection*