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We study the community structure of the multi-network of commodity-specific trade relations among world countries over the 1992-2003 period. We compare structures across commodities and time by means of the normalized mutual information…

Physics and Society · Physics 2015-05-19 Matteo Barigozzi , Giorgio Fagiolo , Giuseppe Mangioni

Bilateral trade relationships in the international level between pairs of countries in the world give rise to the notion of the International Trade Network (ITN). This network has attracted the attention of network researchers as it serves…

General Finance · Quantitative Finance 2015-05-13 K. Bhattacharya , G. Mukherjee , S. S. Manna

This paper begins to explore the determinants of the topological properties of the international - trade network (ITN). We fit bilateral-trade flows using a standard gravity equation to build a "residual" ITN where trade-link weights are…

General Finance · Quantitative Finance 2009-08-18 Giorgio Fagiolo

Based on the misleading expectation that weighted network properties always offer a more complete description than purely topological ones, current economic models of the International Trade Network (ITN) generally aim at explaining local…

Physics and Society · Physics 2014-01-14 Tiziano Squartini , Giorgio Fagiolo , Diego Garlaschelli

It is common wisdom that no nation is an isolated economic island. All nations participate in the global economy and are linked together through trade and finance. Here we analyze international trade network (ITN), being the network of…

General Finance · Quantitative Finance 2012-05-22 Agata Fronczak

The international trade network (ITN) has received renewed multidisciplinary interest due to recent advances in network theory. However, it is still unclear whether a network approach conveys additional, nontrivial information with respect…

Physics and Society · Physics 2014-01-14 Tiziano Squartini , Giorgio Fagiolo , Diego Garlaschelli

The International Trade Network (ITN) is the network formed by trade relationships between world countries. The complex structure of the ITN impacts important economic processes such as globalization, competitiveness, and the propagation of…

General Finance · Quantitative Finance 2017-05-18 Assaf Almog , Tiziano Squartini , Diego Garlaschelli

The worldwide trade network has been widely studied through different data sets and network representations with a view to better understanding interactions among countries and products. Here we investigate international trade through the…

Physics and Society · Physics 2018-12-12 Luiz G. A. Alves , Giuseppe Mangioni , Francisco A. Rodrigues , Pietro Panzarasa , Yamir Moreno

Tools of the theory of critical phenomena, namely the scaling analysis and universality, are argued to be applicable to large complex web-like network structures. Using a detailed analysis of the real data of the International Trade Network…

General Finance · Quantitative Finance 2009-11-13 K. Bhattacharya , G. Mukherjee , J. Saramaki , K. Kaski , S. S. Manna

This paper analyses the world web of mergers and acquisitions (M&As) using a complex network approach. We use data of M&As to build a temporal sequence of binary and weighted-directed networks for the period 1995-2010 and 224 countries…

Physics and Society · Physics 2022-02-03 Marco Dueñas , Rossana Mastrandrea , Matteo Barigozzi , Giorgio Fagiolo

Based on the approach of flow distances, the international trade flow system is studied from the perspective of multi-layer flow network. A model of multi-layer flow network is proposed for modelling and analyzing multiple types of flows in…

Physics and Society · Physics 2015-11-20 Bin Shen , Jiang Zhang , Qiuhua Zheng

Food security is a critical issue closely linked to human being. With the increasing demand for food, international trade has become the main access to supplementing domestic food shortages, which not only alleviates local food shocks, but…

Physics and Society · Physics 2024-08-07 Yin-Ting Zhang , Wei-Xing Zhou

This paper studies the topological properties of the World Trade Web (WTW) and its evolution over time by employing a weighted network analysis. We show that the WTW, viewed as a weighted network, displays statistical features that are very…

General Finance · Quantitative Finance 2009-11-13 Giorgio Fagiolo , Javier Reyes , Stefano Schiavo

The large-scale organization of the world economies is exhibiting increasingly levels of local heterogeneity and global interdependency. Understanding the relation between local and global features calls for analytical tools able to uncover…

General Finance · Quantitative Finance 2008-12-10 M. Angeles Serrano , Marian Boguna , Alessandro Vespignani

The structure of the International Trade Network (ITN), whose nodes and links represent world countries and their trade relations respectively, affects key economic processes worldwide, including globalization, economic integration,…

Physics and Society · Physics 2024-09-21 Assaf Almog , Rhys Bird , Diego Garlaschelli

Understanding the structure of communities in a network has a great importance in the economic analysis. Communities are indeed characterized by specific properties, that are different from those of both the individual node and the whole…

Physics and Society · Physics 2021-10-20 Paolo Bartesaghi , Stefano Benati , Gian Paolo Clemente , Rosanna Grassi

Recent events such as the global financial crisis have renewed the interest in the topic of economic networks. One of the main channels of shock propagation among countries is the International Trade Network (ITN). Two important models for…

General Finance · Quantitative Finance 2015-02-23 Assaf Almog , Tiziano Squartini , Diego Garlaschelli

The international trade network is a complex system where multiple trade blocs with varying sizes coexist and overlap with each other. However, the resulting structures of community detection in trade networks are often inconsistent and…

Physics and Society · Physics 2022-04-28 Wonguk Cho , Daekyung Lee , Beom Jun Kim

We study the international interbank market through a geometrical and a topological analysis of empirical data. The geometrical analysis of the time series of cross-country liabilities shows that the systematic information of the interbank…

Computational Finance · Quantitative Finance 2012-05-28 Alessandro Spelta , Tanya Araújo

This paper studies international migration from a complex-network perspective. We define the international-migration network (IMN) as the weighted-directed graph where nodes are world countries and links account for the stock of migrants…

Physics and Society · Physics 2012-12-20 Giorgio Fagiolo , Marina Mastrorillo
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