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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…

综合金融 · 定量金融 2015-02-23 Assaf Almog , Tiziano Squartini , Diego Garlaschelli

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,…

物理与社会 · 物理学 2024-09-21 Assaf Almog , Rhys Bird , Diego Garlaschelli

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…

综合金融 · 定量金融 2011-12-14 Marco Duenas , Giorgio Fagiolo

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…

物理与社会 · 物理学 2022-12-23 Marzio Di Vece , Diego Garlaschelli , Tiziano Squartini

The International Trade Network (ITN) is the network formed by trade relationships between world countries. The complex structure of the ITN impacts important economic processes such as globalization, competitiveness, and the propagation of…

综合金融 · 定量金融 2017-05-18 Assaf Almog , Tiziano Squartini , Diego Garlaschelli

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,…

数据分析、统计与概率 · 物理学 2025-07-08 Daekyung Lee , Wonguk Cho , Heetae Kim , Gunn Kim , Hyeong-Chai Jeong , Beom Jun Kim

In the study of economic networks, econometric approaches interpret the traditional Gravity Model specification as the expected link weight coming from a probability distribution whose functional form can be chosen arbitrarily, while…

物理与社会 · 物理学 2024-05-15 Marzio Di Vece , Diego Garlaschelli , Tiziano Squartini

Tools of the theory of critical phenomena, namely the scaling analysis and universality, are argued to be applicable to large complex web-like network structures. Using a detailed analysis of the real data of the International Trade Network…

综合金融 · 定量金融 2009-11-13 K. Bhattacharya , G. Mukherjee , J. Saramaki , K. Kaski , S. S. Manna

The international trade network (ITN) has received renewed multidisciplinary interest due to recent advances in network theory. However, it is still unclear whether a network approach conveys additional, nontrivial information with respect…

物理与社会 · 物理学 2014-01-14 Tiziano Squartini , Giorgio Fagiolo , Diego Garlaschelli

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…

综合金融 · 定量金融 2009-08-18 Giorgio Fagiolo

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…

综合金融 · 定量金融 2010-06-22 Matteo Barigozzi , Giorgio Fagiolo , Diego Garlaschelli

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…

物理与社会 · 物理学 2023-07-19 Patryk Skowron , Mariusz Karpiarz , Agata Fronczak , Piotr Fronczak

Based on the misleading expectation that weighted network properties always offer a more complete description than purely topological ones, current economic models of the International Trade Network (ITN) generally aim at explaining local…

物理与社会 · 物理学 2014-01-14 Tiziano Squartini , Giorgio Fagiolo , Diego Garlaschelli

The gravity models has been studied to analyze interaction between two objects such as trade amount between a pair of countries, human migration between a pair of countries and traffic flow between two cities. Particularly in the…

计算工程、金融与科学 · 计算机科学 2024-08-06 Naoto Minakawa , Kiyoshi Izumi , Hiroki Sakaji

Understanding international trade is a fundamental problem in economics -- one standard approach is via what is commonly called the "gravity equation", which predicts the total amount of trade $F_ij$ between two countries $i$ and $j$ as $$…

交易与市场微观结构 · 定量金融 2017-03-08 Yuke Li , Tianhao Wu , Nicholas Marshall , Stefan Steinerberger

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…

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…

应用统计 · 统计学 2013-10-17 Rodolfo Metulini

It is common wisdom that no nation is an isolated economic island. All nations participate in the global economy and are linked together through trade and finance. Here we analyze international trade network (ITN), being the network of…

综合金融 · 定量金融 2012-05-22 Agata Fronczak

Analyzing real data on international trade covering the time interval 1950-2000, we show that in each year over the analyzed period the network is a typical representative of the ensemble of maximally random weighted networks, whose…

综合金融 · 定量金融 2015-05-27 Agata Fronczak , Piotr Fronczak

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…

机器学习 · 计算机科学 2024-07-12 Ruixin Song , Gabriel Spadon , Ronald Pelot , Stan Matwin , Amilcar Soares
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