The world's economic geography: evidence from the world input-output table

摘要

The principal aim of this paper was to analyse the world's economic structure, the degree of interaction between the economic systems of countries, and its temporal evolution. The analysis is carried out on the basis of the world input-output table for the period between 1995 and 2011 and using a functional approach able to detect the intensity of the direct and indirect links among the countries considered. The purpose was therefore to identify, on the one hand, the most important economic systems and, on the other hand, those attracted by the former. The main results obtained show a high degree of globalization of local economic systems and the growing role of the German economy in Europe and the Chinese economy in Asia.