International Trade Network: Statistical Analysis and Modeling

Fuente: arXiv
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Auteurs principaux: Sosa, Juan, Arévalo-Arévalo, Andrés Felipe, Torres-Clavijo, Juan Pablo
Format: Preprint
Publié: 2024
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author Sosa, Juan
Arévalo-Arévalo, Andrés Felipe
Torres-Clavijo, Juan Pablo
author_facet Sosa, Juan
Arévalo-Arévalo, Andrés Felipe
Torres-Clavijo, Juan Pablo
contents Globalization has rapidly advanced but exposed countries to supply chain disruptions, highlighted by the COVID-19 pandemic. This study exhaustively analyzes bilateral export data for 186 countries from 2018, 2020, and 2022, using Exponential Random Graph Models (ERGMs), to identify determinants of trade relationships, as well as Stochastic Block Models (SBMs), to characterize countries' roles in the trade network. Our findings show persistent, significant nodal characteristics driving bilateral trade and reveal no major structural changes in the trade network due to the pandemic.
format Preprint
id arxiv_https___arxiv_org_abs_2409_12358
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle International Trade Network: Statistical Analysis and Modeling
Sosa, Juan
Arévalo-Arévalo, Andrés Felipe
Torres-Clavijo, Juan Pablo
Applications
Globalization has rapidly advanced but exposed countries to supply chain disruptions, highlighted by the COVID-19 pandemic. This study exhaustively analyzes bilateral export data for 186 countries from 2018, 2020, and 2022, using Exponential Random Graph Models (ERGMs), to identify determinants of trade relationships, as well as Stochastic Block Models (SBMs), to characterize countries' roles in the trade network. Our findings show persistent, significant nodal characteristics driving bilateral trade and reveal no major structural changes in the trade network due to the pandemic.
title International Trade Network: Statistical Analysis and Modeling
topic Applications
url https://arxiv.org/abs/2409.12358