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Comparing sectoral international trade networks

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Listed:
  • Luca De Benedictis
  • Lucia Tajoli

Abstract

This paper uses the tools of network analysis to assess the different characteristics of world trade in different manufacturing industries.The structure of the trade networks is compared to understand to what extent the world market characteristics differ between sectors. We find that in some sectors the structure of trade flows gives rise to a dense, widespread network withmany links, while in others we observe a centered network, organized around hubs that centrally coordinate the flows.The results indicate a pattern of network structures, showing a positive correlation between the goods' complexity and the network complexity, changing the extent of the relevant market and its structure across goods.

Suggested Citation

  • Luca De Benedictis & Lucia Tajoli, 2010. "Comparing sectoral international trade networks," Aussenwirtschaft, University of St. Gallen, School of Economics and Political Science, Swiss Institute for International Economics and Applied Economics Research, vol. 65(2), pages 167-189, June.
    • Handle: RePEc:usg:auswrt:2010:65:2:167-189
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    File URL: http://ux-tauri.unisg.ch/RePEc/usg/auswrt/AW_65-02__03_Benedictis-Tajoli.pdf
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    References listed on IDEAS

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    Cited by:

    1. De Benedictis Luca & Nenci Silvia & Santoni Gianluca & Tajoli Lucia & Vicarelli Claudio, 2014. "Network Analysis of World Trade using the BACI-CEPII Dataset," Global Economy Journal, De Gruyter, vol. 14(3-4), pages 287-343, October.
    2. Isabella Cingolani & Lelio Iapadre & Lucia Tajoli, 2018. "International production networks and the world trade structure," International Economics, CEPII research center, issue 153, pages 11-33.
    3. Shade T. Shutters & Keith Waters & Rachata Muneepeerakul, 2022. "Triad Analysis of Global Energy Trade Networks and Implications for Energy Trade Stability," Energies, MDPI, vol. 15(10), pages 1-15, May.
    4. Luca Salvatici & Silvia Nenci, 2017. "New features, forgotten costs and counterfactual gains of the international trading system," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 44(4), pages 592-633.
    5. Bakucs, Zoltan & Ferto, Imre & Benedeka, Zsofia & Molnar, Adrienn, 2015. "Determinants of Horizontal Milk Producer Price Integration," 2015 Conference, August 9-14, 2015, Milan, Italy 212042, International Association of Agricultural Economists.

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    More about this item

    JEL classification:

    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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