Fitness-dependent topological properties of the world trade web.
@article{Garlaschelli2004FitnessdependentTP, title={Fitness-dependent topological properties of the world trade web.}, author={Diego Garlaschelli and Maria Immacolata Loffredo}, journal={Physical review letters}, year={2004}, volume={93 18}, pages={ 188701 } }
Among the proposed network models, the hidden variable (or good get richer) one is particularly interesting, even if an explicit empirical test of its hypotheses has not yet been performed on a real network. Here we provide the first empirical test of this mechanism on the world trade web, the network defined by the trade relationships between world countries. We find that the power-law distributed gross domestic product can be successfully identified with the hidden variable (or fitness…
264 Citations
Null models of economic networks: the case of the world trade web
- Economics
- 2011
In all empirical-network studies, the observed properties of economic networks are informative only if compared with a well-defined null model that can quantitatively predict the behavior of such…
World-trade web: topological properties, dynamics, and evolution.
- EconomicsPhysical review. E, Statistical, nonlinear, and soft matter physics
- 2009
It is shown that all node-statistic distributions and their correlation structure have remained surprisingly stable in the last 20 years -and are likely to do so in the future -and the distribution of (positive) link weights is slowly moving from a log-normal density towards a power law.
Interplay between topology and dynamics in the World Trade Web
- Economics
- 2007
Abstract.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…
The evolution of the world trade web: a weighted-network analysis
- Economics
- 2008
This paper employs a weighted network approach to study the empirical properties of the web of trade relationships among world countries, and its evolution over time. We show that most countries are…
Modeling the International-Trade Network: a gravity approach
- Economics
- 2011
We investigate whether the gravity model (GM) can explain the statistical properties of the International Trade Network (ITN). We fit data on trade flows with a GM using alternative estimation…
Reconstructing the world trade multiplex: the role of intensive and extensive biases.
- EconomicsPhysical review. E, Statistical, nonlinear, and soft matter physics
- 2014
This work provides a detailed analysis of the world trade multiplex by comparing it to an enhanced null model that simultaneously reproduces the strength and the degree of each node and shows that real-world multiplexes can be strongly shaped by layer-specific local constraints.
The International Trade Network: weighted network analysis and modelling
- Economics
- 2008
Tools of the theory of critical phenomena, namely the scaling analysis and universality, are argued to be applicable to large complex web-like network structures. Using a detailed analysis of the…
Gravity models of networks: integrating maximum-entropy and econometric approaches
- Economics
- 2021
The World Trade Web (WTW) is the network of international trade relationships among world countries. Characterizing both the local link weights (observed trade volumes) and the global network…
References
SHOWING 1-10 OF 41 REFERENCES
Topology of the world trade web.
- Computer SciencePhysical review. E, Statistical, nonlinear, and soft matter physics
- 2003
This network displays the typical properties of complex networks, namely, scale-free degree distribution, the small-world property, a high clustering coefficient, and, in addition, degree-degree correlation between different vertices.
Detection of topological patterns in complex networks: correlation profile of the internet
- Computer Science
- 2004
Scale-free networks from varying vertex intrinsic fitness.
- BiologyPhysical review letters
- 2002
A new mechanism leading to scale-free networks is proposed, which is called a good-get-richer mechanism, in which sites with larger fitness are more likely to become hubs (i.e., to be highly connected).
Class of correlated random networks with hidden variables.
- MathematicsPhysical review. E, Statistical, nonlinear, and soft matter physics
- 2003
The general model is extended to describe a practical algorithm to generate random networks with an a priori specified correlation structure and an extension is presented, to map nonequilibrium growing networks to networks with hidden variables that represent the time at which each vertex was introduced in the system.
Origin of degree correlations in the Internet and other networks.
- GeologyPhysical review. E, Statistical, nonlinear, and soft matter physics
- 2003
The results confirm that the conjectured mechanism does indeed give rise to correlations of the kind seen in the Internet, although only a part of the measured correlation can be accounted for in this way.
Evolution of networks
- Computer Science
- 2002
The recent rapid progress in the statistical physics of evolving networks is reviewed, and how growing networks self-organize into scale-free structures is discussed, and the role of the mechanism of preferential linking is investigated.
Dynamical and correlation properties of the internet.
- Computer SciencePhysical review letters
- 2001
It is found that the Internet is characterized by non-trivial correlations among nodes and different dynamical regimes, and the importance of node hierarchy and aging in the Internet structure and growth is pointed out.
Hierarchical organization in complex networks.
- Computer SciencePhysical review. E, Statistical, nonlinear, and soft matter physics
- 2003
It is found that several real networks, such as the Worldwideweb, actor network, the Internet at the domain level, and the semantic web obey this scaling law, indicating that hierarchy is a fundamental characteristic of many complex systems.
The Structure and Function of Complex Networks
- Computer ScienceSIAM Rev.
- 2003
Developments in this field are reviewed, including such concepts as the small-world effect, degree distributions, clustering, network correlations, random graph models, models of network growth and preferential attachment, and dynamical processes taking place on networks.
Measuring preferential attachment for evolving networks
- Computer Science
- 2001
Measurements on four networks indicate that the rate at which nodes acquire links depends on the node's degree, offering direct quantitative support for the presence of preferential attachment.