Global Input - Output Analysis: A Network Approach

Semanur Soyyiğit and Çiğdem Boz
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Semanur Soyyiğit: Department of Economics, Erzincan University
Çiğdem Boz: Department of Economics, Batman University

Yildiz Social Science Review, 2017, vol. 3, issue 2, 89-102

Abstract: Network analysis, a tool that is used to analyze complex systems, which also appeared in economics, which is defined as a complex – adaptive system. Although the international trade networks and financial networks are most popular areas, this method has been employed for input-output Networks. In today’s globalized production chain, international input-output network has a prominent role since it captures input flows among each sector of each country which occurs in the network. So, it can easily be understood why globalized production chain is also called as ‘global production network’. Network analysis is a significant tool since it takes international links among sectors of national economies into consideration. Thus, findings of the analysis can be informative about how a potential demand/supply shock in this global input flow may affect this globalized production chain. In this study, global input-output tables will be examined and compared for 1995 and 2011, via network tools. It is aimed to reveal both inter-sectoral connectivity and centralities of sectors and also change of these properties from 1995 to 2011.

Keywords: Economic networks; Global production networks; Input-output networksJournal: Yildiz Social Science Review (search for similar items in EconPapers)
JEL-codes: F00 F30 G00 G10 K00 K20 M00 M20 O10 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:aye:journl:v:3:y:2017:i:2:p:89-102

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