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World Trade and Associated Systems Risk of Global Inequality: Empirical Study of Globalization Evolution between 2003-2011 and Regional Pattern Analysis

机译:世界贸易与相关系统全球不等式风险:2003 - 2011年期间全球化演变的实证研究和区域模式分析

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The economy is globalizing. But how are the different economic world regions performing regarding globalization of trade flows? Why are they performing differently? Globalization is not only the increase of international trade between certain preferential geographic areas of economy, but also the resulting increase of interweavement of trade flows between different geographical areas, independent of the amount of trade. This paper analyzes the world trade flows between 2003 and 2011 and performs a cross-section analysis of the year 2011. The economic interweavement will be measured by an inequality risk metric applied to the supply-demand matrix. This risk indicator is based on the concept of statistical entropy resulting in an inequality risk measure, giving an indication for the degree of economic globalization and the evolution of globalization in different geographical regions. The result of this research shows that economic trade flows are globalizing but with clear different regional patterns. Indeed, the emerging economies such as China or the Middle East are globalizing whereas mature economies such as North America and Europe are de-globalizing, confirming for globalization the inverse Kuznets evolution. The different patterns between the different economic world regions can be explained by using the globalization type's model.
机译:经济正在全球化。但不同的经济世界地区如何对贸易流量的全球化表演?为什么他们表现得不同?全球化是经济的某些优惠的地理区域之间的国际贸易中,不仅增加,而且由此产生的贸易的interweavement增加不同地域之间流动,独立的交易量。本文分析了2003年至2011年至2011年的世界贸易流动,并执行了2011年的横截面分析。经济间歇性将通过适用于供给需求矩阵的不平等风险指标来衡量。这种风险指标基于统计熵的概念,从而导致不平等风险措施,为不同地理区域的经济全球化程度和全球化的演变提供了迹象。该研究的结果表明,经济贸易流动是全球化的,但具有清晰的不同区域模式。事实上,中国或中东等新兴经济体都是全球化的,而北美和欧洲等成熟经济体都是制定的,确认全球化的反向库兹纳茨进化。可以通过使用全球化类型的模型来解释不同经济世界区之间的不同模式。

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