Structure and Evolution of the World Trade Network

Details Structure and Evolution of the World Trade Network Structure and Evolution of the World Trade Network

2005-02-13

arxiv.org/abs/physics/0502066v2

Physica A 355/1, 138-144 (2005).

Physics

Physics and Society

Proceedings of the "First Bonzenfreies Colloquium on Market Dynamics and Quantitative Economics", Alessandria (ITALY) Septembe

Scientific paper

10.1016/j.physa.2005.02.075

The \emph{World Trade Web} (WTW), the network defined by the international import/export trade relationships, has been recently shown to display some important topological properties which are tightly related to the Gross Domestic Product of world countries. While our previous analysis focused on the static, undirected version of the WTW, here we address its full evolving, directed description. This is accomplished by exploiting the peculiar reciprocity structure of the WTW to recover the directed nature of international trade channels, and by studying the temporal dependence of the parameters describing the WTW topology.

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