Structure and Evolution of the World Trade Network

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

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Hauptverfasser: Garlaschelli, D, Loffredo, M. I
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description Physica A 355/1, 138-144 (2005). 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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subjects Physics - Adaptation and Self-Organizing Systems
Physics - Disordered Systems and Neural Networks
Physics - Physics and Society
Quantitative Finance - General Finance
title Structure and Evolution of the World Trade Network
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