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On the Topological Properties of the World Trade Web: A Weighted Network Analysis

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Author Info
Giorgio Fagiolo
Javier Reyes
Stefano Schiavo

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Abstract

This paper studies the topological properties of the World Trade Web (WTW) and its evolution over time by employing a weighted network analysis. We show that the WTW, viewed as a weighted network, displays statistical features that are very different from those obtained by using a traditional binary-network approach. In particular, we find that: (i) the majority of existing links are associated to weak trade relationships; (ii) the weighted WTW is only weakly disassortative; (iii) countries holding more intense trade relationships are more clustered.

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File URL: http://arxiv.org/abs/0708.4359
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File URL: http://arxiv.org/pdf/0708.4359
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Paper provided by arXiv.org in its series Quantitative Finance Papers with number 0708.4359.

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Date of creation: Aug 2007
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Handle: RePEc:arx:papers:0708.4359

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