On the Structure of the World Economy: An Absorbing Markov Chain Approach

The expansion of global production networks has raised many important questions about the interdependence among countries and how future changes in the world economy are likely to affect the countries’ positioning in global value chains. We are approaching the structure and lengths of value chains f...

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Bibliographic Details
Main Authors: Olivera Kostoska, Viktor Stojkoski, Ljupco Kocarev
Format: Article
Language:English
Published: MDPI AG 2020-04-01
Series:Entropy
Subjects:
Online Access:https://www.mdpi.com/1099-4300/22/4/482