Network analysis of economic sectors in the world economy

Aleskerov F., ÇINAR Y., Deseatnicov I., Sergeeva E., Tkachev D., Yakuba V.

11th International Conference on Information Technology and Quantitative Management, ITQM 2024, Bucharest, Romania, 23 - 25 August 2024, vol.242, pp.420-427 identifier

  • Publication Type: Conference Paper / Full Text
  • Volume: 242
  • Doi Number: 10.1016/j.procs.2024.08.165
  • City: Bucharest
  • Country: Romania
  • Page Numbers: pp.420-427
  • Keywords: key economic sectors, network analysis, OECD countries
  • Ankara University Affiliated: Yes

Abstract

We consider a network of intermediate inputs trade between sectors of OECD Countries' in 2020. Centrality indices are used to identify most vulnerable sectors in the network of intermediate inputs trade between 45 manufacturing and non-manufacturing sectors of 76 countries. The network is based on the official data of inter-country input-output tables published in 2023 by OECD. We apply new centrality indices to identify sectors, which might be under the risk in case of an economic shock.