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Multidimensional Assessment of Urban Economic Resilience: A DSGE Model with Industrial Complex Network

Year: 2025

Type: article

Abstract: External shocks have profound impacts on urban industrial sectors, influencing the resilience of urban economic networks. While traditional complex network approaches provide insights into industrial linkages, they often fall short of capturing the broader macroeconomic implications. To address this limitation, this study integrates input-output relationships within a Dynamic Stochastic General Equilibrium (DSGE) framework. Using Beijing’s 2020 input–output table and statistical yearbook for parameter calibration, the model simulates the effects of external supply price fluctuations on the urban economy. Furthermore, DSGE simulations highlight that sector-specific shocks produce varying impacts on macroeconomic variables, underscoring the necessity for tailored, industry-specific policies to enhance the resilience and adaptability of urban economies.

Source: SAGE Open

DOI: 10.1177/21582440251392390

Authors: Liyuan Zhang, Chao Chen, Shujian Zhou, Qingchen Fan, Ziru Bao

Institutions: Anhui Business College, Anhui Normal University

Language: English

Topic: Regional resilience and development

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Sustainable cities and communities, Decent work and economic growth

Open Access status: gold

Estimated APC paid: $1,600