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Countries tend to diversify their exports by entering products that are related to their current exports. Yet this average behavior is not representative of every diversification path. In this paper, we introduce a method to identify…

General Finance · Quantitative Finance 2018-03-21 Flávio L. Pinheiro , Aamena Alshamsi , Dominik Hartmann , Ron Boschma , César A. Hidalgo

The city is a complex system that evolves through its inherent social and economic interactions. Mediating the movements of people and resources, urban street networks offer a spatial footprint of these activities; consequently their…

Physics and Society · Physics 2018-04-19 Minjin Lee , Hugo Barbosa , Hyejin Youn , Petter Holme , Gourab Ghoshal

All economies require physical resource consumption to grow and maintain their structure. The modern economy is additionally characterized by private debt. The Human and Resources with MONEY (HARMONEY) economic growth model links these…

Theoretical Economics · Economics 2021-06-07 Carey W. King

Economy correlations between the 19 richest countries are investigated through their Gross Domestic Product increments. A distance is defined between increment correlation matrix elements and their evolution studied as a function of time…

Data Analysis, Statistics and Probability · Physics 2012-10-03 Janusz Miskiewicz , Marcel Ausloos

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

We have assembled CO2 emission figures from collections of urban GHG emission estimates published in peer reviewed journals or reports from research institutes and non-governmental organizations. Analyzing the scaling with population size…

Urban outputs, from economy to innovation, are known to grow as a power of a city's population. But, since large cities tend to be central in transportation and communication networks, the effects attributed to city size may be confounded…

Physics and Society · Physics 2024-06-24 Xiaofan Liang , César A. Hidalgo , Pierre-Alexandre Balland , Siqi Zheng , Jianghao Wang

We examine how the structure of the world trade network has been shaped by globalization and recessions over the last 40 years. We show that by treating the world trade network as an evolving system, theory predicts the trade network is…

General Finance · Quantitative Finance 2015-05-20 Jiankui He , Michael W. Deem

The main research involving globalization nowadays is to describe the impact of globalization in their respective fields. However, globalization is a complex phenomenon across multiple sections. But as a concept in the social science, it…

Computers and Society · Computer Science 2018-12-27 Zilu Yu , Chen Chen , Dianbo Liu

Migration the main process shaping patterns of human settlement within and between countries. It is widely acknowledged to be integral to the process of human development as it plays a significant role in enhancing educational outcomes. At…

General Economics · Economics 2018-12-24 Aude Bernard , Martin Bell

As the current thermo-industrial civilization expands, its technological and societal complexities increase. We suggest that physical power, economic activity and societal complexity are linked. A simple, intuitive model based on Systems…

Physics and Society · Physics 2026-05-11 Jerome Lewandowski

We analyze the link between standardization and economic growth by systematically reviewing leading economics journals, leading economic growth researchers' articles, and economic growth-related books. We make the following observations: 1)…

General Economics · Economics 2022-01-25 Jussi Heikkilä , Timo Ali-Vehmas , Julius Rissanen

Because of increasing global urbanization and its immediate consequences, including changes in patterns of food demand, circulation and land use, the next century will witness a major increase in the extent of paved roads built worldwide.…

Physics and Society · Physics 2017-10-13 Emanuele Strano , Andrea Giometto , Saray Shai , Enrico Bertuzzo , Peter J. Mucha , Andrea Rinaldo

What drives formal employment creation in developing cities? We find that larger cities, home to an abundant set of complex industries, employ a larger share of their working age population in formal jobs. We propose a hypothesis to explain…

General Economics · Economics 2024-10-23 Neave O'Clery , Juan Chaparro , Andres Gomez-Lievano , Eduardo Lora

We consider the sectoral composition of a country's GDP, i.e. the partitioning into agrarian, industrial, and service sectors. Exploring a simple system of differential equations we characterize the transfer of GDP shares between the…

General Finance · Quantitative Finance 2014-09-15 Raphael Lutz , Michael Spies , Dominik E. Reusser , Jürgen P. Kropp , Diego Rybski

The green area of economy is the key of healthy living. It is necessary to convene economic and ecologic framework to establish a market attentive to drastic reduction of emissions damaging our climate and landscapes in rural areas, to the…

General Finance · Quantitative Finance 2011-03-01 Corina-Maria Ene , Anda Gheorghiu , Cristina Burghelea , Anca Gheorghiu

There is strong expectation that cities, across time, culture and level of development, share much in common in terms of their form and function. Recently, attempts to formalize mathematically these expectations have led to the hypothesis…

Physics and Society · Physics 2013-01-28 Luis M. A. Bettencourt , Jose Lobo , Hyejin Youn

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

Given the importance of urban sustainability and resilience to the future of our planet, there is a need to better understand the interconnectedness between the social, economic, environmental, and governance outcomes that underline these…

Physics and Society · Physics 2019-04-15 Anand Sahasranaman , Henrik Jeldtoft Jensen

Where do new markets come from? I construct a network model in which national markets are nodes and flows of recorded music between them are links and conduct a longitudinal analysis of the global pattern of trade in the period 1976 to…

Social and Information Networks · Computer Science 2015-08-31 Jesse Shore