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Interplay between topology and dynamics in the World Trade Web

Garlaschelli, Diego; Di Matteo, Tiziana; Aste, Tomaso; Caldarelli , Guido; Loffredo, Maria I

Description

We present an empirical analysis of the network formed by the trade relationships between all world countries, or World Trade Web (WTW). Each (directed) link is weighted by the amount of wealth flowing between two countries, and each country is characterized by the value of its Gross Domestic Product (GDP). By analysing a set of year-by-year data covering the time interval 1950-2000, we show that the dynamics of all GDP values and the evolution of the WTW (trade flow and topology) are tightly...[Show more]

CollectionsANU Research Publications
Date published: 2007
Type: Journal article
URI: http://hdl.handle.net/1885/27226
Source: European Physical Journal B
DOI: 10.1140/epjb/e2007-00131-6

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