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

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.

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Publication Details

Journal
SAGE Open
Published
2025-10-01
DOI
https://doi.org/10.1177/21582440251392390
Primary Topic
Regional resilience and development
Type
article
Field-Weighted Citation Impact
0.00
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article

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

SAGE Open
Regional resilience and development
article

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

article en

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.

SAGE OpenVol. 15(4)
Anhui Business College (CN), Anhui Normal University (CN)
Sustainable cities and communities
Openalex Percentile: Top 29%
Regional resilience and development
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Multidimensional Assessment of Urban Economic Resilience: A DSGE Model with Industrial Complex Network · SAGE Open (2025) | TGRS Research Map | TGRS