eprintid: 2192 rev_number: 13 eprint_status: archive userid: 6 dir: disk0/00/00/21/92 datestamp: 2014-04-29 08:36:57 lastmod: 2014-04-29 08:36:57 status_changed: 2014-04-29 08:36:57 type: monograph metadata_visibility: show creators_name: Zhu, Zhen creators_name: Cerina, Federica creators_name: Chessa, Alessandro creators_name: Caldarelli, Guido creators_name: Riccaboni, Massimo creators_id: zhen.zhu@imtlucca.it creators_id: creators_id: alessandro.chessa@imtlucca.it creators_id: guido.caldarelli@imtlucca.it creators_id: massimo.riccaboni@imtlucca.it title: The rise of China in the international trade network: a community core detection approach ispublished: pub subjects: DS subjects: HB subjects: HF divisions: EIC full_text_status: public monograph_type: imt_eic_working_paper keywords: Keywords: Complex Networks, International Trade, Community Detection. JEL Codes: F10, F15 abstract: Theory of complex networks proved successful in the description of a variety of static networks ranging from biology to computer and social sciences and to economics and finance. Here we use network models to describe the evolution of a particular economic system, namely the International Trade Network (ITN). Previous studies often assume that globalization and regionalization in international trade are contradictory to each other. We re-examine the relationship between globalization and regionalization by viewing the international trade system as an interdependent complex network. We use the modularity optimization method to detect communities and community cores in the ITN during the years 1995-2011. We find rich dynamics over time both inter- and intra-communities. Most importantly, we have a multilevel description of the evolution where the global dynamics (i.e., communities disappear or reemerge) tend to be correlated with the regional dynamics (i.e., community core changes between community members). In particular, the Asia-Oceania community disappeared and reemerged over time along with a switch in leadership from Japan to China. Moreover, simulation results show that the global dynamics can be generated by a preferential attachment mechanism both inter- and intra- communities. date: 2014-04 date_type: published number: 4 publisher: IMT Institute for Advanced Studies Lucca pages: 20 institution: IMT Institute for Advanced Studies Lucca citation: Zhu, Zhen and Cerina, Federica and Chessa, Alessandro and Caldarelli, Guido and Riccaboni, Massimo The rise of China in the international trade network: a community core detection approach. EIC working paper series #4/2014 IMT Institute for Advanced Studies Lucca document_url: http://eprints.imtlucca.it/2192/1/EIC_WP_4_2014.pdf