Simulation of Risk Propagation in Cluster Supply Chain Networks Under Energy Price Shock
HE Yu1, Tian Jiexin2, QIN Zhaohui1, CHEN Zhenzhen1
1. College of Economics and Management, China Three Gorges University, Yichang 443002, China; 2. School of Economics and Management, China University of Geosciences (Wuhan), Wuhan 430078, China
Abstract:To explore the risk propagation process of cluster supply chain networks under energy price shocks, based on complex network theory, numerical simulation is used to explore the risk propagation characteristics of cluster supply chain networks under energy price shocks. The results indicate that fluctuations in energy prices will have an impact on the quantity of products provided by enterprises to the next stage through production linkages; Scale free networks, random networks, and small world networks exhibit robustness against random attacks, while intentional attacks exhibit vulnerability; The fewer the first attack nodes, the slower the speed of cluster supply chain network paralysis; The probability of cluster supply chain network failure is inversely proportional to strategic resilience parameters and directly proportional to external dependency parameters.
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