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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

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

With globalization, countries are more connected than before by trading flows, which currently amount to at least 36 trillion dollars. Interestingly, approximately 30-60 percent of global exports consist of intermediate products. Therefore,…

General Finance · Quantitative Finance 2017-02-08 Peiteng Shi , Jiang Zhang , Bo Yang , Jingfei Luo

We study the topological properties of the multinetwork of commodity-specific trade relations among world countries over the 1992-2003 period, comparing them with those of the aggregate-trade network, known in the literature as the…

General Finance · Quantitative Finance 2010-06-22 Matteo Barigozzi , Giorgio Fagiolo , Diego Garlaschelli

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

International trade research plays an important role to inform trade policy and shed light on wider issues relating to poverty, development, migration, productivity, and economy. With recent advances in information technology, global and…

Econometrics · Economics 2019-01-04 Elynn Y. Chen , Rong Chen

Trade networks, across which countries distribute their products, are crucial components of the globalized world economy. Their structure is strongly heterogeneous across products, given the different features of the countries which buy and…

Physics and Society · Physics 2019-01-09 Carlo Piccardi , Lucia Tajoli

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 is a contribution to interweaving two lines of research that have progressed in separate ways: network analyses of international trade and the literature on African trade and development. Gathering empirical data on African…

General Finance · Quantitative Finance 2016-08-03 Tanya Araújo , M. Ennes Ferreira

Using the United Nations Commodity Trade Statistics Database [http://comtrade.un.org/db/] we construct the Google matrix of the world trade network and analyze its properties for various trade commodities for all countries and all available…

General Finance · Quantitative Finance 2012-02-14 Leonardo Ermann , Dima L. Shepelyansky

Economy, and consequently trade, is a fundamental part of human social organization which, until now, has not been studied within the network modelling framework. Networks are mathematical tools used in the modelling of a wide variety of…

Disordered Systems and Neural Networks · Physics 2009-11-10 M. Angeles Serrano , Marian Boguna

Nestedness has traditionally been used to detect assembly patterns in meta-communities and networks of interacting species. Attempts have also been made to uncover nested structures in international trade, typically represented as bipartite…

We study the ever more integrated and ever more unbalanced trade relationships between European countries. To better capture the complexity of economic networks, we propose two global measures that assess the trade integration and the trade…

Physics and Society · Physics 2014-03-05 Gautier M. Krings , Jean-François Carpantier , Jean-Charles Delvenne

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

International trade is based on a set of complex relationships between different countries that can be modelled as an extremely dense network of interconnected agents. On the one hand, this network might favour the economic growth of…

General Economics · Economics 2024-04-08 Roberto Antonietti , Paolo Falbo , Fulvio Fontini , Rosanna Grassi , Giorgio Rizzini

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

This study decomposes the bilateral trade flows using a three-dimensional panel data model. Under the scenario that all three dimensions diverge to infinity, we propose an estimation approach to identify the number of global shocks and…

Econometrics · Economics 2021-01-19 Yufeng Mao , Bin Peng , Mervyn Silvapulle , Param Silvapulle , Yanrong Yang

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

Ecological systems have a high level of complexity combined with stability and rich biodiversity. Recently, the analysis of their properties and evolution has been pushed forward on a basis of concept of mutualistic networks that provides a…

General Finance · Quantitative Finance 2015-03-13 Leonardo Ermann , Dima L. Shepelyansky

In this paper we develop a methodology to analyze and compare multiple global networks. We focus our analysis on the relation between human migration and trade. First, we identify the subset of products for which the presence of a community…

Physics and Society · Physics 2015-02-24 Paolo Sgrignoli , Rodolfo Metulini , Stefano Schiavo , Massimo Riccaboni
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