Huang, Yiping; Xu, Shiyu; Yu, Changhua; Du, Haofeng; … - In: China finance and economic review : CFER 14 (2025) 1, pp. 3-22
network structure. From the perspective of production networks, this paper analyzes the causes of business cycles in China …, which are propagated and amplified through input-output linkages; (2) As China's production network evolves, sectors that …) Construction and real estate sector is the key node in the production network. On the one hand, shocks to the key node sector are …