On the Topological Properties of the World Trade Web: A Weighted Network Analysis

Abstract

This paper studies the topological properties of the World Trade Web (WTW) and its evolution over time by employing a weighted network analysis. We show that the WTW, viewed as a weighted network, displays statistical features that are very different from those obtained by using a traditional binary-network approach. In particular, we find that: (i) the majority of existing links are associated to weak trade relationships; (ii) the weighted WTW is only weakly disassortative; (iii) countries holding more intense trade relationships are more clustered.

To be submitted to APFA 6 Proceedings. 8 pages, 10 figures

References in corpus (3)

• Clustering in Complex Directed Networks
• An ensemble approach to the analysis of weighted networks
• Directed or Undirected? A New Index to Check for Directionality of Relations in Socio-Economic Networks

Cited by in corpus (2)

• Statistical properties of world investment networks
• The World-Trade Web: Topological Properties, Dynamics, and Evolution