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In a stock market, the price fluctuations are interactive, that is, one listed company can influence others. In this paper, we seek to study the influence relationships among listed companies by constructing a directed network on the basis…

Physics and Society · Physics 2015-06-24 Ya-Chun Gao , Yong Zeng , Shi-Min Cai

Much work has been devoted to studying percolation of networks and interdependent networks under varying levels of failures. Researchers have considered many different realistic network structures, but thus far no study has incorporated the…

Physics and Society · Physics 2018-11-21 Louis M. Shekhtman , Shlomo Havlin

Networked structures arise in a wide array of different contexts such as technological and transportation infrastructures, social phenomena, and biological systems. These highly interconnected systems have recently been the focus of a great…

Statistical Mechanics · Physics 2009-11-10 Alain Barrat , Marc Barthelemy , Romualdo Pastor-Satorras , Alessandro Vespignani

We demonstrate using multi-layered networks, the existence of an empirical linkage between the dynamics of the financial network constructed from the market indices and the macroeconomic networks constructed from macroeconomic variables…

General Economics · Economics 2019-03-18 Kiran Sharma , Anindya S. Chakrabarti , Anirban Chakraborti

How are economic activities linked to geographic locations? To answer this question, we use a data-driven approach that builds on the information about location, ownership and economic activities of the world's 3,000 largest firms and their…

Physics and Society · Physics 2015-12-10 Antonios Garas , Celine Rozenblat , Frank Schweitzer

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

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

In this paper, we investigate the mesoscale structure of the World Trade Network. In this framework, a specific role is assumed by short and long-range interactions, and hence by the distance, between countries. Therefore, we identify…

Physics and Society · Physics 2022-04-15 Paolo Bartesaghi , Gian Paolo Clemente , Rosanna Grassi

A key element to understand complex systems is the relationship between the spatial scale of investigation and the structure of the interrelation among its elements. When it comes to economic systems, it is now well-known that the…

Physics and Society · Physics 2022-02-07 Dario Laudati , Manuel S. Mariani , Luciano Pietronero , Andrea Zaccaria

We study on topological properties of global supply chain network in terms of degree distribution, hierarchical structure, and degree-degree correlation in the global supply chain network. The global supply chain data is constructed by…

Physics and Society · Physics 2022-01-07 Abhijit Chakraborty , Yuichi Ikeda

Networks have become a key approach to understanding systems of interacting objects, unifying the study of diverse phenomena including biological organisms and human society. One crucial step when studying the structure and dynamics of…

Physics and Society · Physics 2010-09-16 Yong-Yeol Ahn , James P. Bagrow , Sune Lehmann

We present a methodology to extract the backbone of complex networks based on the weight and direction of links, as well as on nontopological properties of nodes. We show how the methodology can be applied in general to networks in which…

General Finance · Quantitative Finance 2010-06-23 J. B. Glattfelder , S. Battiston

Open flow network is a weighted directed graph with a source and a sink, depicting flux distributions on networks in the steady state of an open flow system. Energetic food webs, economic input-output networks, and international trade…

Physics and Society · Physics 2015-01-27 Liangzhu Guo , Xiaodan Lou , Peiteng Shi , Jun Wang , Xiaohan Huang , Jiang Zhang

A detailed empirical analysis of the productivity of non financial firms across several countries and years shows that productivity follows a non-Gaussian distribution with power law tails. We demonstrate that these empirical findings can…

Physics and Society · Physics 2009-11-10 T. Di Matteo , T. Aste , M. Gallegati

We follow up on the study of correlations between GDP's of rich countries. We analyze web-downloaded data on GDP that we use as individual wealth signatures of the country economical state. We calculate the yearly fluctuations of the GDP.…

Physics and Society · Physics 2012-09-25 M. Ausloos , R. Lambiotte

We provide an empirical analysis of the network structure of the Austrian interbank market based on a unique data set of the Oesterreichische Nationalbank (OeNB). We show that the contract size distribution follows a power law over more…

Condensed Matter · Physics 2007-05-23 Michael Boss , Helmut Elsinger , Martin Summer , Stefan Thurner

The global financial system can be represented as a large complex network in which banks, hedge funds and other financial institutions are interconnected to each other through visible and invisible financial linkages. Recently, a lot of…

Risk Management · Quantitative Finance 2018-04-11 Fabio Caccioli , Paolo Barucca , Teruyoshi Kobayashi

Many natural, physical and social networks commonly exhibit power-law degree distributions. In this paper, we discover previously unreported asymmetrical patterns in the degree distributions of incoming and outgoing links in the…

Social and Information Networks · Computer Science 2015-07-17 Jianxi Luo , Daniel E. Whitney

How do inter-organizational networks emerge? Accounting for interdependence among ties while studying tie formation is one of the key challenges in this area of research. We address this challenge using an equilibrium framework where firms'…

Econometrics · Economics 2021-05-04 Shweta Gaonkar , Angelo Mele

Production networks are integral to economic dynamics, yet dis-aggregated network data on inter-firm trade is rarely collected and often proprietary. Here we situate company-level production networks among networks from other domains…