Evolution of community structure in the world trade web

Details Evolution of community structure in the world trade web Evolution of community structure in the world trade web

2007-09-15

arxiv.org/abs/0709.2630v1

Economy

Quantitative Finance

General Finance

To be submitted to APFA 6 Proceedings, 8 pages, 3 Figures

Scientific paper

10.1140/epjb/e2008-00181-2

In this note we study the bilateral merchandise trade flows between 186 countries over the 1948-2005 period using data from the International Monetary Fund. We use Pajek to identify network structure and behavior across thresholds and over time. In particular, we focus on the evolution of trade "islands" in the a world trade network in which countries are linked with directed edges weighted according to fraction of total dollars sent from one country to another. We find mixed evidence for globalization.

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