The Community Structure of the Global Corporate Network

Stefania Vitali and Stefano Battiston

Papers from arXiv.org

Abstract: We investigate the community structure of the global ownership network of transnational corporations. We find a pronounced organization in communities that cannot be explained by randomness. Despite the global character of this network, communities reflect first of all the geographical location of firms, while the industrial sector plays only a marginal role. We also analyze the network in which the nodes are the communities and the links are obtained by aggregating the links among firms belonging to pairs of communities. We analyze the network centrality of the top 50 communities and we provide the first quantitative assessment of the financial sector role in connecting the global economy.

Date: 2013-01
New Economics Papers: this item is included in nep-net
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Citations: View citations in EconPapers (8)

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Journal Article: The Community Structure of the Global Corporate Network (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:1301.2363

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