Baskaran, Thushyanthan; Brück, Tilman - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2005
The paper analyzes the network structure of international trade. Adapting a network approach developed in the physical … sciences, we propose that international trade functions like a scale-free network. For each commodity group we calculate a … model to explore the effect of the network structure on the value of bilateral trade. The estimation suggests that, inter …