Advances in Economics, Management and Political Sciences

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Proceedings of the 2nd International Conference on Financial Technology and Business Analysis

Series Vol. 56 , 01 December 2023


Open Access | Article

Research on the Relationship Between International Trade and Network

Run Guo * 1 , Tongxi Wang 2 , Chengyi Xu 3 , Yichen Zhou 4
1 Zhenhai High School International Center, 315099, China
2 Penon Education, Chengdu,310011, China
3 Tianyuan Public School, Hangzhou, 610000, China
4 Nanjing Jinling High School Hexi Campus, Nanjing, 320106,

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 56, 64-69
Published 01 December 2023. © 01 December 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Run Guo, Tongxi Wang, Chengyi Xu, Yichen Zhou. Research on the Relationship Between International Trade and Network. AEMPS (2023) Vol. 56: 64-69. DOI: 10.54254/2754-1169/56/20231051.

Abstract

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.

Keywords

trade network, international commerce, core-periphery structure

References

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2. Sajedianfard N, Hadian E, Samadi A H, et al. Quantitative analysis of trade networks: data and robustness[J]. Applied Network Science, 2021, 6(1): 46.

3. Fan Y, Ren S, Cai H, et al. The state's role and position in international trade: A complex network perspective[J]. Economic Modelling, 2014, 39: 71-81.

4. Baskaran T, Blöchl F, Brück T, et al. The Heckscher–Ohlin model and the network structure of international trade[J]. International Review of Economics & Finance, 2011, 20(2): 135-145.

5. Maluck J, Donner R V. A network of networks perspective on global trade[J]. PloS one, 2015, 10(7): e0133310.

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7. Chen Z .On the Influence of International Relations on International Trade[J].Modern Economics & Management Forum, 2022, 3(1):30-33.

8. Baskaran T, Blöchl F, Brück T, et al. The Heckscher–Ohlin model and the network structure of international trade[J]. International Review of Economics & Finance, 2011, 20(2): 135-145.

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Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
ISBN (Print)
978-1-83558-159-9
ISBN (Online)
978-1-83558-160-5
Published Date
01 December 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/56/20231051
Copyright
01 December 2023
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated