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dc.contributor.author
Matesanz Gómez, David
dc.contributor.author
Torgler, Benno
dc.contributor.author
Ortega, Guillermo José
dc.date.available
2017-11-22T17:16:08Z
dc.date.issued
2013-07
dc.identifier.citation
Matesanz Gómez, David; Torgler, Benno; Ortega, Guillermo José; Measuring global economic interdependence: a hierarchical network approach; Wiley; The World Economy; 36; 12; 7-2013; 1632-1648
dc.identifier.uri
http://hdl.handle.net/11336/28749
dc.description.abstract
This paper investigates the business cycle co-movement across countries and regions since 1950 as a measure for quantifying the economic interdependence in the ongoing globalisation process. Our methodological approach is based on analysis of a correlation matrix and the networks it contains. Such an approach summarises the interaction and interdependence of all elements, and it represents a more accurate measure of the global interdependence involved in an economic system. Our results show (1) the dynamics of interdependence has been driven more by synchronisation in regional growth patterns than by the synchronisation of the world economy, and (2) world crisis periods dramatically increase the global co-movement in the world economy.
dc.format
application/pdf
dc.language.iso
eng
dc.publisher
Wiley
dc.rights
info:eu-repo/semantics/openAccess
dc.rights.uri
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.subject
Econophysics
dc.subject
Complex Networks
dc.subject
Globalization
dc.subject.classification
Economía, Econometría
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Economía y Negocios
dc.subject.classification
CIENCIAS SOCIALES
dc.title
Measuring global economic interdependence: a hierarchical network approach
dc.type
info:eu-repo/semantics/article
dc.type
info:ar-repo/semantics/artículo
dc.type
info:eu-repo/semantics/publishedVersion
dc.date.updated
2017-11-22T13:40:38Z
dc.identifier.eissn
1467-9701
dc.journal.volume
36
dc.journal.number
12
dc.journal.pagination
1632-1648
dc.journal.pais
Estados Unidos
dc.description.fil
Fil: Matesanz Gómez, David. Universidad de Oviedo; España
dc.description.fil
Fil: Torgler, Benno. Queensland University Of Technology.; Australia. Center for Research in Economics, Management and the Arts; Suiza
dc.description.fil
Fil: Ortega, Guillermo José. Universidad Nacional de Quilmes. Departamento de Ciencia y Tecnología; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina
dc.journal.title
The World Economy
dc.relation.alternativeid
info:eu-repo/semantics/altIdentifier/doi/http://dx.doi.org/10.1111/twec.12080
dc.relation.alternativeid
info:eu-repo/semantics/altIdentifier/url/http://onlinelibrary.wiley.com/doi/10.1111/twec.12080/abstract
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