The evolution of world trade from 1995 to 2014 : a network approach

Borradores de Economia
Number: 
985
Published: 
Classification JEL: 
F10, F14, D85
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
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This paper employs network analysis to study world trade from 1995 to 2014. We focus on the main connective features of the world trade network (WTN) and their dynamics. Results suggest that countries’ efforts to attain the benefits of trade have resulted