8,932 research outputs found
Inducing Effect on the Percolation Transition in Complex Networks
Percolation theory concerns the emergence of connected clusters that
percolate through a networked system. Previous studies ignored the effect that
a node outside the percolating cluster may actively induce its inside
neighbours to exit the percolating cluster. Here we study this inducing effect
on the classical site percolation and K-core percolation, showing that the
inducing effect always causes a discontinuous percolation transition. We
precisely predict the percolation threshold and core size for uncorrelated
random networks with arbitrary degree distributions. For low-dimensional
lattices the percolation threshold fluctuates considerably over realizations,
yet we can still predict the core size once the percolation occurs. The core
sizes of real-world networks can also be well predicted using degree
distribution as the only input. Our work therefore provides a theoretical
framework for quantitatively understanding discontinuous breakdown phenomena in
various complex systems.Comment: Main text and appendices. Title has been change
The effects of the late 2000s global financial crisis on Australia’s construction demand
An accurate measurement of the impacts of external shocks on construction demand will enable construction industry policymakers and developers to make allowances for future occurrences and advance the construction industry in a sustainable manner. This paper aims to measurethe dynamic effects of the late 2000s global financial crisis on the level of demand in the Australian construction industry. The vector error correction (VEC) model with intervention indicators is employed to estimate the external impact from the crisis on a macro-level construction economic indicator, namely construction demand. The methodology comprises six main stages to produce appropriate VEC models that describe the characteristics of the underlying process. Research findings suggestthat overall residential and non-residential construction demand were affected significantly by the recent crisis and seasonality. Non-residentialconstruction demand was disrupted more than residential construction demand at the crisis onset. The residential constructionindustry is more reactive and is able to recover faster following the crisis in comparison with the non-residential industry. The VEC model with intervention indicators developed in this study can be used as an experiment for an advanced econometric method. This can be used to analyse the effects of special eventsand factors not only on construction but also on other industries
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