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Scale-Free Networks in International Trade

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dc.creator Baskaran, Thushyanthan
dc.creator Brück, Tilman
dc.date 2005
dc.date.accessioned 2013-10-16T06:59:34Z
dc.date.available 2013-10-16T06:59:34Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18344
dc.identifier ppn:49123211X
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18344
dc.description The paper analyzes the network structure of international trade. Adapting a network approach developed in the physical sciences, we propose that international trade functions like a scale-free network. For each commodity group we calculate a characteristic parameter which reflects the structure of its trading network. We then insert this variable into an expanded gravity model to explore the effect of the network structure on the value of bilateral trade. The estimation suggests that, inter alia, globalization has reduced the value of trade per product group.
dc.language eng
dc.publisher Deutsches Institut für Wirtschaftsforschung (DIW) Berlin
dc.relation DIW-Diskussionspapiere 493
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject L14
dc.subject F15
dc.subject F10
dc.subject ddc:330
dc.subject networks
dc.subject international trade
dc.subject gravity model
dc.title Scale-Free Networks in International Trade
dc.type doc-type:workingPaper


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