Seminar with Tim Kastelle
Place: Room 621, GP South (Building 78)
Time: Thursday 16th Feb, 10:30 morning Tea. 11:00am seminar
Title: Measuring Globalisation: A Complex Systems Approach to Tracking the Evolution of International Trade
Speaker: Tim Kastelle
Abstract: Leading evolutionary economic theorists have come to the conclusion that the economy is best viewed as an evolving complex network.
The next challenge is to start using this framework to inform the empirical analysis of the economy. This paper uses world trade data from 1938 to 2003 to track the evolution of the international trade network, thus providing a new way to conceptualise and measure the idea of 'globalisation'. The data is analysed using network analyses, which demonstrate both the ways in which the network has changed over time, as well the ways in which it has remained stable. The results provide insights into the nature of economic globalisation, evolutionary econometrics, and the analysis of dynamic networks.
Note that this year we are making sure that all talks are accessible as much as possible to a broader cross-disciplinary audience.
ARC Centre for Complex Systems
Dr. Ariel Liebman