On the topological properties of the world trade web: A weighted network analysis
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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Volume (Year): 387 (2008)
Issue (Month): 15 ()
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- Li, Xiang & Ying Jin, Yu & Chen, Guanrong, 2003. "Complexity and synchronization of the World trade Web," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 328(1), pages 287-296.
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