2015/12/07 by Guillermo García-Pérez, García-Pérez, Guillermo, Marián Boguñá +5
Economics, Econometrics and Finance · Physics and Astronomy · #Atlas (anatomy) #Business #Complex Network Analysis Techniques #Diversification (marketing strategy) #Economic and Technological Innovation #Economic geography #Economic integration #Economics #FOS: Economics and business #FOS: Physical sciences #General Finance (q-fin.GN) #Geography #Geology #Globalization #Gravity model of trade #International economics #International free trade agreement #International trade #Physics and Society (physics.soc-ph) #Trade barrier #physics.soc-ph #q-fin.GN
paper · pdf · doi:10.48550/arxiv.1512.02233
World Trade Atlas 1870-2013 interactive tool at http://morfeo.ffn.ub.edu/wta1870-2013
openalex publication_date 2015/12/07 · arxiv created 2016/05/10 · arxiv updated 2016/05/11 · openalex created_date 2022/10/04 · openalex updated_date 2026/08/05
Here, we present the World Trade Atlas 1870-2013, a collection of annual\nworld trade maps in which distance combines economic size and the different\ndimensions that affect international trade beyond mere geography. Trade\ndistances, which are based on a gravity model predicting the existence of\nsignificant trade channels, are such that the closer countries are in trade\nspace, the greater their chance of becoming connected. The atlas provides us\nwith information regarding the long-term evolution of the international trade\nsystem and demonstrates that, in terms of trade, the world is not flat but\nhyperbolic, as a reflection of its complex architecture. The departure from\nflatness has been increasing since World War I, meaning that differences in\ntrade distances are growing and trade networks are becoming more hierarchical.\nSmaller-scale economies are moving away from other countries except for the\nlargest economies; meanwhile those large economies are increasing their chances\nof becoming connected worldwide. At the same time, Preferential Trade\nAgreements do not fit in perfectly with natural communities within the trade\nspace and have not necessarily reduced internal trade barriers. We discuss an\ninterpretation in terms of globalization, hierarchization, and localization;\nthree simultaneous forces that shape the international trade system.\n