A Markovian model of evolving world input-output network

  title={A Markovian model of evolving world input-output network},
  author={Vahid Moosavi},
  journal={PLoS ONE},
  • V. Moosavi
  • Published 26 November 2016
  • Economics
  • PLoS ONE
The initial theoretical connections between Leontief input-output models and Markov chains were established back in 1950s. However, considering the wide variety of mathematical properties of Markov chains, so far there has not been a full investigation of evolving world economic networks with Markov chain formalism. In this work, using the recently available world input-output database, we investigated the evolution of the world economic network from 1995 to 2011 through analysis of a time… 

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