Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/89401
Authors: 
Fagiolo, Giorgio
Reyes, Javier
Schiavo, Stefano
Year of Publication: 
2007
Series/Report no.: 
LEM Working Paper Series 2007/17
Abstract: 
This paper employs a weighted network analysis to study the empirical properties of the world trade web and their evolution over time. We show that most countries are characterized by weak trade links; yet, there exists a group of countries featuring a large number of strong relationships, thus hinting to a core-periphery structure. Also, better-connected countries tend to trade with poorly-connected ones, but are also involved in highly-interconnected trade clusters. Furthermore, rich countries display more intense trade links and are more clustered. Finally, all network properties are remarkably stable across the years and do not depend on the weighting procedure.
Subjects: 
networks
World trade web
international trade
weighted network analysis
integration
trade openness
globalization
JEL: 
F10
D85
Document Type: 
Working Paper

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