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In self-organizing networks, topology and dynamics coevolve in a continuous feedback, without exogenous driving. The World Trade Network (WTN) is one of the few empirically well documented examples of self-organizing networks: its topology…

Physics and Society · Physics 2014-01-14 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

Network topology plays a key role in many phenomena, from the spreading of diseases to that of financial crises. Whenever the whole structure of a network is unknown, one must resort to reconstruction methods that identify the least biased…

Data Analysis, Statistics and Probability · Physics 2015-06-09 Rossana Mastrandrea , Tiziano Squartini , Giorgio Fagiolo , Diego Garlaschelli

The \emph{World Trade Web} (WTW), the network defined by the international import/export trade relationships, has been recently shown to display some important topological properties which are tightly related to the Gross Domestic Product…

Physics and Society · Physics 2009-02-06 D. Garlaschelli , M. I. Loffredo

This paper explores the relationships between migration and trade using a complex-network approach. We show that: (i) both weighted and binary versions of the networks of international migration and trade are strongly correlated; (ii) such…

Physics and Society · Physics 2013-09-24 Giorgio Fagiolo , Marina Mastrorillo

This study examines the effects of de-globalization trends on international trade networks and their role in improving forecasts for economic growth. Using section-level trade data from nearly 200 countries from 2010 to 2022, we identify…

General Economics · Economics 2024-04-16 Thiago C. Silva , Paulo V. B. Wilhelm , Diego R. Amancio

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

In this paper, we investigate the statistical features of the weighted international-trade network. By finding the maximum weight spanning trees for this network we make the extraction of the truly relevant connections forming the network's…

Physics and Society · Physics 2023-07-19 Patryk Skowron , Mariusz Karpiarz , Agata Fronczak , Piotr Fronczak

This paper studies the statistical properties of the web of import-export relationships among world countries using a weighted-network approach. We analyze how the distributions of the most important network statistics measuring…

Physics and Society · Physics 2009-11-13 Giorgio Fagiolo , Javier Reyes , Stefano Schiavo

We exploit the symmetry concepts developed in the companion review of this article to introduce a stochastic version of link reversal symmetry, which leads to an improved understanding of the reciprocity of directed networks. We apply our…

General Finance · Quantitative Finance 2010-11-04 Franco Ruzzenenti , Diego Garlaschelli , Riccardo Basosi

Energy security and energy trade are the cornerstones of global economic and social development. The structural robustness of the international oil trade network (iOTN) plays an important role in the global economy. We integrate the machine…

Physics and Society · Physics 2023-06-21 Wen-Jie Xie , Na Wei , Wei-Xing Zhou

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

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

International Trade (IT) plays a fundamental role in today's economy: by connecting world countries production and consumption processes, it radically contributes in shaping their economy and development path. Although its evolving…

Physics and Society · Physics 2015-02-24 Paolo Sgrignoli

In many studies, it is common to use binary (i.e., unweighted) edges to examine networks of entities that are either adjacent or not adjacent. Researchers have generalized such binary networks to incorporate edge weights, which allow one to…

Physics and Society · Physics 2024-02-29 Lucas Böttcher , Mason A. Porter

It appeared recently that the classical random graph model used to represent real-world complex networks does not capture their main properties. Since then, various attempts have been made to provide accurate models. We study here a model…

Statistical Mechanics · Physics 2021-03-22 Jean-Loup Guillaume , Matthieu Latapy

The analysis of networks characterized by links with heterogeneous intensity or weight suffers from two long-standing problems of arbitrariness. On one hand, the definitions of topological properties introduced for binary graphs can be…

Data Analysis, Statistics and Probability · Physics 2014-04-28 Diego Garlaschelli , Sebastian E. Ahnert , Thomas M. A. Fink , Guido Caldarelli

In economic and financial networks, the strength of each node has always an important economic meaning, such as the size of supply and demand, import and export, or financial exposure. Constructing null models of networks matching the…

General Finance · Quantitative Finance 2014-12-09 Rossana Mastrandrea , Tiziano Squartini , Giorgio Fagiolo , Diego Garlaschelli

We study the structure of the international trade hypergraph consisting of triangular hyperedges representing the exporter-importer-product relationship. Measuring the mean hyperdegree of the adjacent vertices, we first find its behaviors…

Physics and Society · Physics 2022-10-14 Sudo Yi , Deok-Sun Lee

As a vital strategic resource, oil has an essential influence on the world economy, diplomacy and military development. Using oil trade data to dynamically monitor and warn about international trade risks is an urgent need. Based on the UN…

Statistical Finance · Quantitative Finance 2022-08-23 Wen-Jie Xie , Na Wei , Wei-Xing Zhou