Network analysis of correlation strength between the most developed countries

  title={Network analysis of correlation strength between the most developed countries},
  author={Janusz Mi'skiewicz},
  journal={arXiv: Statistical Finance},
  • J. Mi'skiewicz
  • Published 15 November 2012
  • Computer Science
  • arXiv: Statistical Finance
A new algorithm of the analysis of correlation among economy time series is proposed. The algorithm is based on the power law classification scheme (PLCS) followed by the analysis of the network on the percolation threshold (NPT). The algorithm was applied to the analysis of correlations among GDP per capita time series of 19 most developed countries in the periods (1982, 2011), (1992, 2011) and (2002, 2011). The representative countries with respect to strength of correlation, convergence of… 
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