Is Geography ‘Dead’ or ‘Destiny’ in a Globalizing World? A Network Analysis and Latent Space Modeling Approach of the World Trade Network
Journal Title: Journal of Globalization Studies - Year 2013, Vol 4, Issue 2
Abstract
Drawing on advancements made in network analysis, statistical modeling and computer science, this paper employs latent space modeling techniques to explore the role of geography in the global trade economy. Latent space models postulate that the probability of a link between pairs of actors depends on the distance between them in unobserved Euclidean social space and on observed covariates. Using probabilistic models, I investigate the effect that distance has on influencing trade ties in social space, while also controlling for several covariates, including region-based homophily (a proxy for regionalization), transitivity and country wealth. The findings are posited within the ‘Geography is Dead’ thesis and reveal that the distance-destroying result attributed to globalization may be over-estimated in the global trade economy.
Authors and Affiliations
Anthony Howell
Keywords
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