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Author:

Xing, Lizhi (Xing, Lizhi.) (Scholars:邢李志) | Li, Yujie (Li, Yujie.)

Indexed by:

EI Scopus

Abstract:

This paper focuses on measuring the globally and nationally economic system's connectedness and industrial sector's function on the Global Value Chain (GVC), as reinforcements to the present studies on international trade. Firstly, we reconsidered the length-related and position-related measures in literatures about vertical specialization from the perspective of econophysics. Secondly, we redefined the inter-country and inter-sector propagating process of intermediate goods and proposed the concept of Strongest Relevance Path Length (SRPL) based on Revised Floyd-Warshall Algorithm (RFWA), which is the basis of new measurement. Thirdly, enlightened by betweenness centrality of node and edge, we introduced SRPL-based index to measure the Value-Added Pivotability of Industrial Sectors and Input-Output Relationships. Fourthly, we also proposed the concepts of Backward Closeness and Forward Closeness of Industrial Sectors based on closeness centrality. © Published under licence by IOP Publishing Ltd.

Keyword:

International trade Physics

Author Community:

  • [ 1 ] [Xing, Lizhi]College of Economics and Management, Beijing University of Technology, Beijing, China
  • [ 2 ] [Xing, Lizhi]School of Online and Continuing Education, Beijing Foreign Studies University, Beijing, China
  • [ 3 ] [Li, Yujie]School of Online and Continuing Education, Beijing Foreign Studies University, Beijing, China

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Source :

ISSN: 1742-6588

Year: 2019

Issue: 1

Volume: 1298

Language: English

Cited Count:

WoS CC Cited Count: 0

SCOPUS Cited Count: 1

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 0

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