The state’s position in international agricultural commodity trade: A complex network
Abstract
Purpose
The purpose of this paper is to apply an analysis of complex networks to empirically research international agricultural commodity trade and countries’ trading relations. The structure of global agricultural commodity trade is quantitatively described and analysed.
Design/methodology/approach
Based on statistical physics and graph theory, the research paradigm of a complex network, which has sprung up in the last decade, provides us with new global perspective to discuss the topic of international trade, especially agricultural commodity trade. In this paper, the authors engage in the issue of countries’ positions in international agricultural commodity trade using the latest complex network theories. The authors at first time introduce the improved bootstrap percolation to simulate cascading influences following the breaking down of bilateral agricultural commodity trade relations.
Findings
On a mid-level structure, countries are classified into three communities that reflect the structure of the “core/periphery” using the weighted extremal optimisation algorithm and the coarse graining process. On a micro-level, countries’ rankings are provided with the aid of network’s node centralities, which presents world agricultural commodity trade as a closed, imbalanced, diversified and multi-polar development.
Originality/value
The authors at first time introduce the improved bootstrap percolation to simulate cascading influences following the breaking down of bilateral agricultural commodity trade relations.
Keywords
Acknowledgements
The authors thank the financial support from National Natural Science Foundation of China (71403024), All-China Federation of Returned Overseas Chinese 2015-2017 Project (15BZQK231), Fund for Outstanding Young Talents from Beijing Party Committee “Beijing services the National Strategy of ‘One Belt One Road’” (2015000020124G060). The authors also thank Interdisciplinary Project from the Beijing Normal University and Research Institute of Openness and Development in Shanghai University of International Business and Economics.
Citation
Cai, H. and Song, Y. (2016), "The state’s position in international agricultural commodity trade: A complex network", China Agricultural Economic Review, Vol. 8 No. 3, pp. 430-442. https://doi.org/10.1108/CAER-02-2016-0032
Publisher
:Emerald Group Publishing Limited
Copyright © 2016, Emerald Group Publishing Limited