The network of international trade in services

Tajoli, Lucia; Airoldi, Federico; Piccardi, Carlo

doi:10.1007/s41109-021-00407-1

Cited by 13 publications

(7 citation statements)

References 26 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Other researchers have also used "product mapping" (Ambroziak & Stefaniak, 2022;Widodo, 2009); however, this study uses correspondence analysis to visualise the profile of services across the countries' profiles. As in Tajoli, Airoldi, and Piccardi (Tajoli et al, 2021), the study revealed that mapping the profiles of products and countries identifies the trade patterns much more clearly than the sole volume of traded services.…”

Section: Introductionmentioning

confidence: 90%

“…Firm-level studies began appearing in the 1990s (Bernard & Jensen, 1999;Bernard & Wagner, 1997;Melitz, 2003), with more recent studies published on service trading firms (Ambroziak & Stefaniak, 2022;Ariu, 2016;Hornok & Koren, 2017;Tajoli et al, 2021;Temouri et al, 2013;Wagner, 2021;Yi et al, 2022). However, there has not been enough research on service trading firms (Benkovskis et al, 2019;Hornok & Koren, 2017).…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Small Is Beautiful and Important: Economies and Firms Trading in Digital Services

Kerner

Kitsing

2023

Journal of Business Economics and Management

View full text Add to dashboard Cite

Although many firms operate on global digital platforms, small countries and firms also play an essential role at the national level, especially during crises and the slowdown in globalization. This research investigates trade patterns in digital services at the country and firm level and identifies challenges in this area in providing new information and tools to startup mentors and policymakers, who need more evidence for national authorities to develop mentorship and digital programmes. The study also contributes to transaction cost theory, explaining how it is possible to reduce transaction costs. The methodology involves using quantitative and experimental methods, logistic regression for firms and correspondence analysis for countries. The WTO dataset was used to visualise trade in services data and to interpret clusters of digitalised countries. Interestingly, Estonia stands apart from other post-socialist countries in terms of digital services exports, being among smaller countries and hosting the highest concentration of startups per capita. The firmlevel analysis revealed that firms trading in digital services differ from others – being smaller, more focused on exports and more often controlled by non-residents. The study encourages investments in small countries and small firms that trade successfully in digital services.

show abstract

Section: Introductionmentioning

confidence: 90%

Section: Introductionmentioning

confidence: 99%

Small Is Beautiful and Important: Economies and Firms Trading in Digital Services

Kerner

Kitsing

2023

Journal of Business Economics and Management

View full text Add to dashboard Cite

show abstract

“…What is more, Figure 2 shows that the network density of financial services is growing gradually by years, from less than 0.7 to more than 0.8 [10]. This is an index that can indicate the degree of interaction of groups' member.…”

Section: Analysis On the Problemsmentioning

confidence: 95%

“…Core regions contribute significantly to the world's total exports and imports, boasting diverse economies, advanced infrastructure, and skilled labor. Figure 3 illustrates the distribution of global trade volume across core, semi-peripheral, and peripheral regions [10].…”

Section: Analysis On the Problemsmentioning

confidence: 99%

Research on the Impact of Systemic Risk on the Economic Development of a Country

2023

AEMPS

View full text Add to dashboard Cite

There were several financial crises during the last decade and each of them posed great threat to the global economy. This article studies the financial contagion and the systemic risks from the perspective of network analysis. The case analysis is adopted in this article with the case study of subprime mortgage crisis in 2008 in the US at first and then the network analysis and the solution are provided at last. The author found the financial crisis is largely related with the big nodes in the global financial network. Meanwhile, the network density is moderately ascending which shows the rising risks of the financial crisis in the future. Last but not least, the centralization keeps at a similar level during these years and the degree of centralization is positively related with the potential of financial contagion. The study is significant for understanding the mechanism of the network and the future policy decision.

show abstract

“…While most countries are connected in service trade, a small group of countries dominates the majority of flows. The central positions in service networks are predominantly occupied by advanced countries while emerging and developing nations rarely display high centrality [1]. Sajedianfard et al addressed the common issue of missing data in trade network analysis, where some countries do not report tra de flows.…”

Section: Related Researchmentioning

confidence: 99%

Research on the Relationship Between International Trade and Network

Guo,

Wang,

et al. 2023

AEMPS

View full text Add to dashboard Cite

In a rapidly globalizing world economy, international trade is undergoing unprecedented growth, marked by technological advancements, energy demand, and currency fluctuations. This study explores the intricate interplay between trade networks and international commerce. As the global economy transforms, this research sheds light on key trends and characteristics shaping the international trade landscape. Through an extensive review of relevant literature, this paper investigates the role of trade networks in international trade dynamics. It delves into the significance of network structures and their impact on trade patterns, revealing insights about the core-periphery structure where advanced economies dominate while others form the periphery. The study focuses on the international trade network's features, including its virtualization, globalization, and intelligent attributes. It examines how businesses adapt to digitalization, interact through virtual platforms, and embrace the knowledge-driven nature of modern trade networks. Additionally, the research explores the implications of trade networks for enterprises, emphasizing market penetration, supply chain efficiency, brand influence, technological innovation, and resource integration. The study highlights the works of various scholars who have analyzed international trade networks. Research findings underscore the importance of understanding network structures, role centrality, and the impact of digitalization on global trade. By analyzing the evolution of trade networks and their implications for different economies, this study offers valuable insights for policymakers and businesses navigating the complex landscape of international trade. Overall, this thesis contributes to a comprehensive understanding of the relationship between international trade and network structures, paving the way for more informed decisions in a rapidly changing global trade environment.

show abstract

The network of international trade in services

Cited by 13 publications

References 26 publications

Small Is Beautiful and Important: Economies and Firms Trading in Digital Services

Small Is Beautiful and Important: Economies and Firms Trading in Digital Services

Research on the Impact of Systemic Risk on the Economic Development of a Country

Research on the Relationship Between International Trade and Network

Contact Info

Product

Resources

About