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This paper investigates whether the gravity model (GM) can explain the statistical properties of the International Trade Network (ITN). We fit data on international-trade flows with a GM specification using alternative fitting techniques…

General Finance · Quantitative Finance 2011-12-14 Marco Duenas , Giorgio Fagiolo

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

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

Knowledge representation (KR) is vital in designing symbolic notations to represent real-world facts and facilitate automated decision-making tasks. Knowledge graphs (KGs) have emerged so far as a popular form of KR, offering a contextual…

Artificial Intelligence · Computer Science 2023-10-18 Diego Rincon-Yanez , Chahinez Ounoughi , Bassem Sellami , Tarmo Kalvet , Marek Tiits , Sabrina Senatore , Sadok Ben Yahia

Global trade is shaped by a complex mix of factors beyond supply and demand, including tangible variables like transport costs and tariffs, as well as less quantifiable influences such as political and economic relations. Traditionally,…

Optimization and Control · Mathematics 2025-11-21 Thomas Gaskin , Guven Demirel , Marie-Therese Wolfram , Andrew Duncan

Graph autoencoders (AE) and variational autoencoders (VAE) recently emerged as powerful node embedding methods. In particular, graph AE and VAE were successfully leveraged to tackle the challenging link prediction problem, aiming at…

Machine Learning · Computer Science 2022-06-07 Guillaume Salha , Stratis Limnios , Romain Hennequin , Viet Anh Tran , Michalis Vazirgiannis

The gravity model, inspired by Newton's law of universal gravitation, has long served as a primary tool for interpreting trade flows between countries, using a country's economic `mass' as a key determinant. Despite its wide application,…

Data Analysis, Statistics and Probability · Physics 2025-07-08 Daekyung Lee , Wonguk Cho , Heetae Kim , Gunn Kim , Hyeong-Chai Jeong , Beom Jun Kim

Recently, Graph Neural Networks (GNNs) have shown promising performance in tasks on dynamic graphs such as node classification, link prediction and graph regression. However, few work has studied the temporal edge regression task which has…

Machine Learning · Computer Science 2023-08-16 Lekang Jiang , Caiqi Zhang , Farimah Poursafaei , Shenyang Huang

Predicting edge weights on graphs has various applications, from transportation systems to social networks. This paper describes a Graph Neural Network (GNN) approach for edge weight prediction with guaranteed coverage. We leverage…

Machine Learning · Computer Science 2024-06-13 Rui Luo , Nicolo Colombo

The Gravity Model is the workhorse for empirical studies in International Economies for its empirical power and it is commonly used in explaining the trade flow between countries; it relies on a function that relates the trade with the…

Applications · Statistics 2013-10-17 Rodolfo Metulini

Accurate real-time modeling of multi-body dynamical systems is essential for enabling digital twin applications across industries. While many data-driven approaches aim to learn system dynamics, jointly predicting internal loads and system…

Machine Learning · Computer Science 2025-11-20 Vinay Sharma , Rémi Tanguy Oddon , Pietro Tesini , Jens Ravesloot , Cees Taal , Olga Fink

Endowing robots with human-like physical reasoning abilities remains challenging. We argue that existing methods often disregard spatio-temporal relations and by using Graph Neural Networks (GNNs) that incorporate a relational inductive…

Machine Learning · Computer Science 2019-10-24 Fabio Ferreira , Lin Shao , Tamim Asfour , Jeannette Bohg

The World Trade Web (WTW) is the network of international trade relationships among world countries. Characterizing both the local link weights (observed trade volumes) and the global network structure (large-scale topology) of the WTW via…

Physics and Society · Physics 2022-12-23 Marzio Di Vece , Diego Garlaschelli , Tiziano Squartini

By interpreting a traffic scene as a graph of interacting vehicles, we gain a flexible abstract representation which allows us to apply Graph Neural Network (GNN) models for traffic prediction. These naturally take interaction between…

Machine Learning · Computer Science 2019-05-08 Frederik Diehl , Thomas Brunner , Michael Truong Le , Alois Knoll

In the economic literature, geographic distances are considered fundamental factors to be included in any theoretical model whose aim is the quantification of the trade between countries. Quantitatively, distances enter into the so-called…

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 proposes a new algorithm -- Trading Graph Neural Network (TGNN) that can structurally estimate the impact of asset features, dealer features and relationship features on asset prices in trading networks. It combines the strength…

Trading and Market Microstructure · Quantitative Finance 2025-04-11 Xian Wu

Graph Neural Networks have revolutionized many machine learning tasks in recent years, ranging from drug discovery, recommendation systems, image classification, social network analysis to natural language understanding. This paper shows…

Machine Learning · Computer Science 2021-05-14 Faez Ahmed , Yaxin Cui , Yan Fu , Wei Chen

Aquatic non-indigenous species (NIS) pose significant threats to biodiversity, disrupting ecosystems and inflicting substantial economic damages across agriculture, forestry, and fisheries. Due to the fast growth of global trade and…

Machine Learning · Computer Science 2024-07-12 Ruixin Song , Gabriel Spadon , Ronald Pelot , Stan Matwin , Amilcar Soares

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
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