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Get Free AccessThe complex topology of a network determines its dynamics. The world economy is now internationally connected through a globalization process of trading. The complex dynamical behaviors of the world economy have been studied as a dynamical system, but there does not seem to be any consideration of the effect of dynamics on the world trade network. In this paper, we attempt such a study and present the scale-free features of the degree distribution, as well as wealth and resource distributions on the World Trade Web (WTW). Moreover, the synchronization phenomenon of economic cycles on the WTW due to its scale-free features is discussed in detail.
Xiang Li, Yuying Jin, Guanrong Chen (2003). Complexity and synchronization of the World trade Web. Physica A Statistical Mechanics and its Applications, 328(1-2), pp. 287-296, DOI: 10.1016/s0378-4371(03)00567-3.
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Type
Article
Year
2003
Authors
3
Datasets
0
Total Files
0
Language
English
Journal
Physica A Statistical Mechanics and its Applications
DOI
10.1016/s0378-4371(03)00567-3
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