Analysis of risk propagation using the world trade network

An economic system is an exemplar of a complex system in which all agents interact simultaneously. Interactions between countries have generally been studied using the flow of resources across diverse trade networks, in which the degree of dependence between two countries is typically measured based on the trade volume. However, indirect influences may not be immediately apparent. Herein, we compared a direct trade network to a trade network constructed using the personalized PageRank (PPR) enco...