title: Spreading Effect in Industrial Complex Network Based on Revised Structural Holes Theory.
abstract: This paper analyzed the spreading effect of industrial sectors with complex network model under perspective of econophysics. Input-output analysis, as an important research tool, focuses more on static analysis. However, the fundamental aim of industry analysis is to figure out how interaction between different industries makes impacts on economic development, which turns out to be a dynamic process. Thus, industrial complex network based on input-output tables from WIOD is proposed to be a bridge connecting accurate static quantitative analysis and comparable dynamic one. With application of revised structural holes theory, flow betweenness and random walk centrality were respectively chosen to evaluate industrial sectors' long-term and short-term spreading effect process in this paper. It shows that industries with higher flow betweenness or random walk centrality would bring about more intensive industrial spreading effect to the industrial chains they stands in, because value stream transmission of industrial sectors depends on how many products or services it can get from the other ones, and they are regarded as brokers with bigger information superiority and more intermediate interests.
authors.affiliation: Department of Business Administration, School of Economics and Management, Beijing University of Technology, Beijing, China.
authors.forename: Lizhi
authors.identifier: http://orcid.org/0000-0001-9554-5414
authors.initials: L
authors.lastname: Xing
authors.affiliation: Department of Finance, School of Economics and Management, Beijing University of Technology, Beijing, China.
authors.forename: Qing
authors.initials: Q
authors.lastname: Ye
authors.affiliation: Department of Business Administration, School of Economics and Management, Beijing University of Technology, Beijing, China.
authors.forename: Jun
authors.initials: J
authors.lastname: Guan
mesh_terms: D057217:Economic Development; D000067896:Industrial Development; D008962:Models, Theoretical