A Comparative Analysis of the Predictive Abilities of Economic Complexity Metrics Using International Trade Network

The complex networks approach has proven to be an effective tool to understand and predict the evolution of a wide range of complex systems. In this work, we consider the network representing the exchange of goods between countries: the international trade network. According to the type of goods the...

Full description

Saved in:
Bibliographic Details
Main Authors: Hao Liao, Alexandre Vidmer
Format: Article
Language:English
Published: Wiley 2018-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2018/2825948
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1832556467422494720
author Hao Liao
Alexandre Vidmer
author_facet Hao Liao
Alexandre Vidmer
author_sort Hao Liao
collection DOAJ
description The complex networks approach has proven to be an effective tool to understand and predict the evolution of a wide range of complex systems. In this work, we consider the network representing the exchange of goods between countries: the international trade network. According to the type of goods they export, the complex networks approach allows inferring which countries will have a bigger growth compared to others. The aim of this work is to study three different methods characterizing the complex networks and study their behaviour on two main topics. Can the method predict the economic evolution of a country? What happens to those methods when we merge the economies?
format Article
id doaj-art-55bbc47fe04548f288b35a8fe5b808c0
institution Kabale University
issn 1076-2787
1099-0526
language English
publishDate 2018-01-01
publisher Wiley
record_format Article
series Complexity
spelling doaj-art-55bbc47fe04548f288b35a8fe5b808c02025-02-03T05:45:24ZengWileyComplexity1076-27871099-05262018-01-01201810.1155/2018/28259482825948A Comparative Analysis of the Predictive Abilities of Economic Complexity Metrics Using International Trade NetworkHao Liao0Alexandre Vidmer1National Engineering Laboratory for Big Data System Computing Technology, Guangdong Province Key Laboratory of Popular High Performance Computers, College of Computer Science and Software Engineering, Shenzhen University, Shenzhen 518060, ChinaNational Engineering Laboratory for Big Data System Computing Technology, Guangdong Province Key Laboratory of Popular High Performance Computers, College of Computer Science and Software Engineering, Shenzhen University, Shenzhen 518060, ChinaThe complex networks approach has proven to be an effective tool to understand and predict the evolution of a wide range of complex systems. In this work, we consider the network representing the exchange of goods between countries: the international trade network. According to the type of goods they export, the complex networks approach allows inferring which countries will have a bigger growth compared to others. The aim of this work is to study three different methods characterizing the complex networks and study their behaviour on two main topics. Can the method predict the economic evolution of a country? What happens to those methods when we merge the economies?http://dx.doi.org/10.1155/2018/2825948
spellingShingle Hao Liao
Alexandre Vidmer
A Comparative Analysis of the Predictive Abilities of Economic Complexity Metrics Using International Trade Network
Complexity
title A Comparative Analysis of the Predictive Abilities of Economic Complexity Metrics Using International Trade Network
title_full A Comparative Analysis of the Predictive Abilities of Economic Complexity Metrics Using International Trade Network
title_fullStr A Comparative Analysis of the Predictive Abilities of Economic Complexity Metrics Using International Trade Network
title_full_unstemmed A Comparative Analysis of the Predictive Abilities of Economic Complexity Metrics Using International Trade Network
title_short A Comparative Analysis of the Predictive Abilities of Economic Complexity Metrics Using International Trade Network
title_sort comparative analysis of the predictive abilities of economic complexity metrics using international trade network
url http://dx.doi.org/10.1155/2018/2825948
work_keys_str_mv AT haoliao acomparativeanalysisofthepredictiveabilitiesofeconomiccomplexitymetricsusinginternationaltradenetwork
AT alexandrevidmer acomparativeanalysisofthepredictiveabilitiesofeconomiccomplexitymetricsusinginternationaltradenetwork
AT haoliao comparativeanalysisofthepredictiveabilitiesofeconomiccomplexitymetricsusinginternationaltradenetwork
AT alexandrevidmer comparativeanalysisofthepredictiveabilitiesofeconomiccomplexitymetricsusinginternationaltradenetwork