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Table 3 Proportions of positive and negative log growth rates of firms around a newly formed or severed link

From: The gradual evolution of buyer–seller networks and their role in aggregate fluctuations

Year

Type

1st Pos

1st Neg

2nd Pos

2nd Neg

3rd Pos

3rd Neg

2004

Sever

0.558

0.423

0.576

0.421

0.565

0.432

2004

Form

0.598

0.388

0.593

0.404

0.579

0.419

2005

Sever

0.643

0.333

0.743

0.25

0.76

0.233

2005

Form

0.668

0.315

0.757

0.235

0.762

0.231

2006

Sever

0.649

0.324

0.751

0.244

0.755

0.241

2006

Form

0.666

0.316

0.75

0.245

0.757

0.238

2007

Sever

0.651

0.319

0.741

0.252

0.754

0.241

2007

Form

0.664

0.317

0.753

0.242

0.753

0.241

2008

Sever

0.577

0.396

0.736

0.258

0.766

0.229

2008

Form

0.59

0.393

0.745

0.249

0.771

0.225

2009

Sever

0.266

0.713

0.293

0.704

0.294

0.704

2009

Form

0.284

0.702

0.293

0.704

0.286

0.712

2010

Sever

0.267

0.705

0.179

0.812

0.153

0.836

2010

Form

0.297

0.687

0.178

0.813

0.159

0.832

2011

Sever

0.567

0.407

0.683

0.312

0.716

0.28

2011

Form

0.597

0.387

0.703

0.292

0.731

0.265

2012

Sever

0.549

0.416

0.563

0.427

0.568

0.423

2012

Form

0.585

0.393

0.566

0.424

0.558

0.433

  1. First-order, second-order, and third-order nodes are defined by the length of the newly formed or severed link. Bold font indicates the cases where (i) the proportion of positive log growth rate of nodes is higher for newly formed links than severed links or (ii) the proportion of negative log growth rate of nodes is higher for severed links than newly formed links in a given year