Trends of the World Input and Output Network of Global Trade.

ABSTRACT: The international trade naturally maps onto a complex networks. Theoretical analysis of this network gives valuable insights about the global economic system. Although different economic data sets have been investigated from the network perspective, little attention has been paid to its dynamical behaviour. Here we take the World Input Output Data set, which has values of the annual transactions between 40 different countries of 35 different sectors for the period of 15 years, and infer the time interdependence between countries and sectors. As a measure of interdependence we use correlations between various time series of the network characteristics. First we form 15 primary networks for each year of the data we have, where nodes are countries and links are annual exports from one country

SUBMITTER: Del Rio-Chanona RM 

PROVIDER: S-EPMC5270329 | biostudies-literature | 2017

REPOSITORIES: biostudies-literature