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Evidence for the globalisation types model integrating different trade theories

Evidence for the globalisation types model integrating different trade theories This paper summarises the research performed during the last 10 years regarding the globalisation phenomenon measuring and analysing the evolution of trade globalisation of the period 2003-2015. The goal was to find evidence for a new globalisation types model. Indeed, the economic system has become more complex during recent years, the current trade models not being able to capture individually the different aspects, not being universally applicable. The evolution of globalisation has been measured with a new entropy-based metric that computes the interweavement of trade flows. The research has shown that economic world trade has been globalising during recent years but with different patterns: de-globalising for advanced economies and globalising for emerging economies. These differences can be explained with this globalisation types model. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Computational Economics and Econometrics Inderscience Publishers

Evidence for the globalisation types model integrating different trade theories

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Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd
ISSN
1757-1170
eISSN
1757-1189
DOI
10.1504/IJCEE.2020.104155
Publisher site
See Article on Publisher Site

Abstract

This paper summarises the research performed during the last 10 years regarding the globalisation phenomenon measuring and analysing the evolution of trade globalisation of the period 2003-2015. The goal was to find evidence for a new globalisation types model. Indeed, the economic system has become more complex during recent years, the current trade models not being able to capture individually the different aspects, not being universally applicable. The evolution of globalisation has been measured with a new entropy-based metric that computes the interweavement of trade flows. The research has shown that economic world trade has been globalising during recent years but with different patterns: de-globalising for advanced economies and globalising for emerging economies. These differences can be explained with this globalisation types model.

Journal

International Journal of Computational Economics and EconometricsInderscience Publishers

Published: Jan 1, 2020

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