Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/286143 
Title (translated): 
Measuring countries centrality and the trade integration using a network approach
Year of Publication: 
2018
Citation: 
[Journal:] Revista de Métodos Cuantitativos para la Economía y la Empresa [ISSN:] 1886-516X [Volume:] 26 [Year:] 2018 [Pages:] 146-174
Publisher: 
Universidad Pablo de Olavide, Sevilla
Abstract (Translated): 
Most papers which study the world trade network use indicators that suffer from an absence of economic content. Understanding this problem, we propose an alternative methodology to describe the international trade using a network perspective, but recovering the economic interpretation. The proposal consists in: estimating countries' centrality using indicators with economic interpretation; building trade structure networks and maps as alternatives to conventional visualizations; and estimating indicators to evaluate the strength of trade integration. We apply the methodology to information for 145 countries from 1992 to 2015, finding that our indicators identify the potentially most influential countries on international trade, possible core-periphery structures, a heterogeneous centrality distribution (always concentrated in few countries), and groups of different strength on its trade integration. All the results seem adequate in its description of trade economic-complexity, suggesting that the proposed methodology would be a valid tool to bring some economic sense to the international trade studied from a network perspective.
Subjects: 
Centrality
trade structure maps
heterogeneity
cohesion
intra-industry trade balance
JEL: 
C65
F15
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-sa Logo
Document Type: 
Article

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