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Network Analysis of Correlation Strength Between the Most Developed Countries by Miśkiewicz, Janusz is a scholarly article available to read on EtoBox.

What is Network Analysis of Correlation Strength Between the Most Developed Countries about?

A new algorithm of the analysis of correlation among economy time series is proposed. The algorithm is based on the power law classification scheme (PLCS) followed by the analysis of the network on the percolation threshold (NPT). The algorithm was applied to the analysis of correlations among GDP per capita time series of 19 most developed countries in the periods (1982, 2011), (1992, 2011) and (2002, 2011). The representative countries with respect to strength of correlation, convergence of time series and stability of correlation are distinguished. The results are compared with ultrametric distance matrix analysed by NPT.

Author

Miśkiewicz, Janusz

Published

2012

Language

EN