6533b861fe1ef96bd12c57c5
RESEARCH PRODUCT
The community structure of the global corporate network.
Stefania VitaliStefano Battistonsubject
Computer and Information SciencesPhysics - Physics and SocietyEconomicsEconomic ModelsPopulation DynamicsSocial SciencesSpatial Economic Analysislcsh:MedicineFOS: Physical sciencesGenetics and Molecular Biology1100 General Agricultural and Biological SciencesPhysics and Society (physics.soc-ph)Economic GeographySystems ScienceFOS: Economics and businessDevelopment Economics1300 General Biochemistry Genetics and Molecular BiologyHumansIndustrylcsh:ScienceStructure of Markets1000 MultidisciplinaryGeographyApplied MathematicsPhysicslcsh:RInternational AgenciesIndustrial OrganizationComplex SystemsGeneral MedicineOrganizational Culture10003 Department of Banking and FinanceEconomic Analysis330 EconomicsMathematical EconomicsGeneral BiochemistryPhysical SciencesEarth SciencesInterdisciplinary Physicslcsh:QEconomic DevelopmentGeneral Agricultural and Biological SciencesQuantitative Finance - General FinanceGeneral Finance (q-fin.GN)MathematicsResearch Articledescription
We investigate the community structure of the global ownership network of transnational corporations. We find a pronounced organization in communities that cannot be explained by randomness. Despite the global character of this network, communities reflect first of all the geographical location of firms, while the industrial sector plays only a marginal role. We also analyze the network in which the nodes are the communities and the links are obtained by aggregating the links among firms belonging to pairs of communities. We analyze the network centrality of the top 50 communities and we provide the first quantitative assessment of the financial sector role in connecting the global economy.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2013-01-10 | PloS one |