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The paper develops a model of proportionate growth to describe the dynamics of international trade flows. We show that a large number of the empirical regularities characterizing international trade — such as the fraction of zero trade flows across pairs of countries, the positive relationship...
Persistent link: https://www.econbiz.de/10011124117
The paper develops a model of proportionate growth to describe the dynamics of international trade flows. We show that a large number of the empirical regularities characterizing international trade -such as the fraction of zero trade flows across pairs of countries, the positive relationship...
Persistent link: https://www.econbiz.de/10008498166
Persistent link: https://www.econbiz.de/10008472107
We develop a simple theoretical framework for the evolution of weighted networks that is consistent with a number of stylized features of real-world data. In our framework, the Barabasi-Albert model of network evolution is extended by assuming that link weights evolve according to a geometric...
Persistent link: https://www.econbiz.de/10005083834
In this paper we develop a methodology to analyze and compare multiple global networks. We focus our analysis on the relation between human migration and trade. First, we identify the subset of products for which the presence of a community of migrants significantly increases trade intensity. To...
Persistent link: https://www.econbiz.de/10011185196
This paper presents a simple stochastic model of proportionate growth to describe international trade and it applies this set-up to the relationship between export dynamics and economic development. Trade flows are assumed to grow as a geometric Brownian motion while new trade links follow a...
Persistent link: https://www.econbiz.de/10011260059
This paper contributes to the literature explaining firm-level heterogenenity in the extensive margin of trade, defined as the number of products exported by each firm. We develop a dynamic model where firms must invest in RD to maintain and increase their portfolio of goods: the process of...
Persistent link: https://www.econbiz.de/10011272176
The proper characterization of the size distribution of business firms represents an important issue in economic literature, with the most common reference distribu- tions being the lognormal and the Pareto varieties. This analysis is related to some methodological issues that are rarely...
Persistent link: https://www.econbiz.de/10011272191
Considerable efforts have been made in the recent years to produce detailed topolo- gies of the Internet. While Internet topology data have brought to the attention of a wide and somehow diverse audience of scholars they have been so far over- looked by economic analyses. In this paper we...
Persistent link: https://www.econbiz.de/10009319141
This paper develops a simple network model to describe the dynamic of the intensive and extensive margin of international trade flows. The result is achieved by means of the combination of two mechanisms of proportional growth: the first (discrete) determines the formation of trade links, the...
Persistent link: https://www.econbiz.de/10010758576