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Transportation networks play a crucial role in human mobility, the exchange of goods, and the spread of invasive species. With 90% of world trade carried by sea, the global network of merchant ships provides one of the most important modes…

Physics and Society · Physics 2019-11-12 Pablo Kaluza , Andrea Kölzsch , Michael T. Gastner , Bernd Blasius

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

Focusing on the telecom manufacturing industry in China, this paper contends that the existing literature needs to be expanded in order to explain the Chinese case. First, product cycle theory could be applied to explain multinational…

Computers and Society · Computer Science 2009-09-25 Zixiang Alex Tan

Product classification is a crucial task in international trade, as compliance regulations are verified and taxes and duties are applied based on product categories. Manual classification of products is time-consuming and error-prone, and…

Computation and Language · Computer Science 2024-10-16 Sina Gholamian , Gianfranco Romani , Bartosz Rudnikowicz , Stavroula Skylaki

Intra-firm trade describes the trade between affiliated firms and is increasingly important as global production is fragmented. However, statistics and data on global intra-firm trade patterns are widely unavailable. This study proposes a…

General Economics · Economics 2023-08-24 Matthew Smith , Yasaman Sarabi

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

Production in an economy is a set of firms' activities as suppliers and customers; a firm buys goods from other firms, puts value added and sells products to others in a giant network of production. Empirical study is lacking despite the…

Physics and Society · Physics 2010-11-19 Yoshi Fujiwara , Hideaki Aoyama

International food trade is a growing complement to gaps in domestic food supply and demand, but it is vulnerable to disruptions due to some unforeseen shocks. This paper assembles the international crop trade networks using maize, rice,…

Physics and Society · Physics 2023-06-21 Yin-Ting Zhang , Wei-Xing Zhou

We study a novel economic network (supply chain) comprised of wire transfers (electronic payment transactions) among the universe of firms in Brazil (6.2 million firms). We construct a directed and weighted network in which vertices…

Social and Information Networks · Computer Science 2020-08-12 Thiago C. Silva , Diego R. Amancio , Benjamin M. Tabak

National economies rest on networks of millions of customer-supplier relations. Some companies -- in the case of their default -- can trigger significant cascades of shock in the supply-chain network and are thus systemically risky. Up to…

General Economics · Economics 2021-10-13 Tobias Reisch , Georg Heiler , Christian Diem , Stefan Thurner

We introduce a parsimonious multi-sector model of international production and use it to study the impact of a disruption in the production of some goods propagates to other goods and consumers, and how that impact depends on the goods'…

General Economics · Economics 2026-01-16 Matthew L. Elliott , Matthew O. Jackson

We analyze the multilayer architecture of the global input-output network using sectoral trade data (WIOD, 2016 release). With a focus on the mesoscale structure and related properties, our multilayer analysis takes into consideration the…

Econometrics · Economics 2022-11-10 Rosanna Grassi , Paolo Bartesaghi , Gian Paolo Clemente , Duc Thi Luu

Predicting the future evolution of complex systems is one of the main challenges in complexity science. Based on a current snapshot of a network, link prediction algorithms aim to predict its future evolution. We apply here link prediction…

Physics and Society · Physics 2015-11-18 Alexandre Vidmer , An Zeng , Matúš Medo , Yi-Cheng Zhang

We introduce an algorithm able to reconstruct the relevant network structure on which the time evolution of country-product bipartite networks takes place. The significant links are obtained by selecting the largest values of the projected…

Economics · Quantitative Finance 2014-12-24 Andrea Zaccaria , Matthieu Cristelli , Andrea Tacchella , Luciano Pietronero

Machine learning (ML) is now commonplace, powering data-driven applications in various organizations. Unlike the traditional perception of ML in research, ML production pipelines are complex, with many interlocking analytical components…

Databases · Computer Science 2021-03-31 Doris Xin , Hui Miao , Aditya Parameswaran , Neoklis Polyzotis

The relatedness between a country or a firm and a product is a measure of the feasibility of that economic activity. As such, it is a driver for investments at a private and institutional level. Traditionally, relatedness is measured using…

Machine Learning · Computer Science 2022-06-22 Giambattista Albora , Andrea Zaccaria

The expansion of global production networks has raised many important questions about the interdependence among countries and how future changes in the world economy are likely to affect the countries' positioning in global value chains. We…

General Economics · Economics 2020-05-20 Olivera Kostoska , Viktor Stojkoski , Ljupco Kocarev

A country's mix of products predicts its subsequent pattern of diversification and economic growth. But does this product mix also predict income inequality? Here we combine methods from econometrics, network science, and economic…

Economics · Quantitative Finance 2017-01-31 D. Hartmann , M. R. Guevara , C. Jara-Figueroa , M. Aristaran , C. A. Hidalgo

Maritime transport accounts for a majority of trades in volume, of which 70% in value is carried by container ships that transit regular routes on fixed schedules in the ocean. In the present paper, we analyse a data set of global liner…

Physics and Society · Physics 2019-01-29 Sadamori Kojaku , Mengqiao Xu , Haoxiang Xia , Naoki Masuda

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