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Network Analysis of World Trade using the BACI-CEPII dataset

Author

Listed:
  • Luca De Benedictis
  • Silvia Nenci
  • Gianluca Santoni
  • Lucia Tajoli
  • Claudio Vicarelli

Abstract

In this paper we explore the BACI-CEPII database using Network Analysis. Starting from the visualization of the World Trade Network, we then define and describe the topology of the network, both in its binary version and in its weighted version, calculating and discussing some of the commonly used network's statistics. We fin ally discuss some speci c topics that can be studied using Network Analysis and International Trade data, both at the aggregated and sectoral level. The analysis is done using multiple software (Stata, R, and Pajek). The scripts to replicate part of the analysis are included in the appendix, and can be used as an handson tutorial. Moreover,the World Trade Network local and global centrality measures, for the unweighted and the weighted version of the Network, calculated using the bilateral aggregate trade data for each country (178 in total) and each year (from 1995 to 2010,) can be downloaded from the CEPII webpage.

Suggested Citation

  • Luca De Benedictis & Silvia Nenci & Gianluca Santoni & Lucia Tajoli & Claudio Vicarelli, 2013. "Network Analysis of World Trade using the BACI-CEPII dataset," Working Papers 2013-24, CEPII research center.
  • Handle: RePEc:cii:cepidt:2013-24
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Alexei P Kireyev & Andrei Leonidov, 2015. "Network Effects of International Shocks and Spillovers," IMF Working Papers 15/149, International Monetary Fund.
    2. João Amador & Sónia Cabral, 2017. "Networks of Value-added Trade," The World Economy, Wiley Blackwell, vol. 40(7), pages 1291-1313, July.
    3. Endrész, Marianna & Skudelny, Frauke, 2016. "Crisis severity and the international trade network," Working Paper Series 1971, European Central Bank.
    4. Marlies Hanna Schütz & Nicole Palan, 2016. "Restructuring of the international clothing and textile trade network: the role of Italy and Portugal," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 5(1), pages 1-29, December.
    5. Marlies Schütz & Nicole Palan, 2015. "Restructuring the International Textile Production and Trade Network. The Role of Italy and Portugal," FIW Working Paper series 156, FIW.
    6. Freddy Cepeda-López & Fredy Gamboa-Estrada & Carlos León-Rincón & Hernán Rincón-Castro, 2017. "The evolution of world trade from 1995 to 2014: A network approach," Borradores de Economia 985, Banco de la Republica de Colombia.
    7. Alexei P Kireyev & Andrei Leonidov, 2016. "China’s Imports Slowdown; Spillovers, Spillins, and Spillbacks," IMF Working Papers 16/51, International Monetary Fund.
    8. repec:eee:phsmap:v:488:y:2017:i:c:p:187-204 is not listed on IDEAS
    9. Aller, Carlos & Ductor, Lorenzo & Herrerias, M.J., 2015. "The world trade network and the environment," Energy Economics, Elsevier, vol. 52(PA), pages 55-68.
    10. Bakucs, Zoltan & Ferto, Imre & Benedeka, Zsofia & Molnar, Adrienn, 2015. "Determinants of Horizontal Milk Producer Price Integration," 2015 Conference, August 9-14, 2015, Milan, Italy 212042, International Association of Agricultural Economists.
    11. Hakan Nordström & Harry Flam, 2018. "Production Integration in the European Union," CESifo Working Paper Series 6944, CESifo Group Munich.
    12. repec:eee:forpol:v:86:y:2018:i:c:p:45-66 is not listed on IDEAS
    13. Kimberly Beaton & Aliona Cebotari & Xiaodan Ding & Andras Komaromi, 2017. "Trade Integration in Latin America: A Network Perspective," IMF Working Papers 17/148, International Monetary Fund.
    14. Laura Dell'Agostino, 2017. "Italy’S Participation In International Supply And Production Networks Using Value Added Trade Data," Departmental Working Papers of Economics - University 'Roma Tre' 0228, Department of Economics - University Roma Tre.
    15. repec:oup:erevae:v:44:y:2017:i:4:p:592-633. is not listed on IDEAS
    16. repec:ebl:ecbull:eb-17-00361 is not listed on IDEAS
    17. Escaith, Hubert, 2014. "Exploring the policy dimensions of trade in value-added," MPRA Paper 59891, University Library of Munich, Germany, revised 08 Nov 2014.

    More about this item

    Keywords

    International Trade; Network Analysis; Density; Centrality; Stata; R; Pajek;

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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