On the structure of the world economy: an absorbing markov chain approach

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  • who: Olivera Kostoska and colleagues from the Faculty of Economics-Prilep, "StKliment Ohridski" University, Bitola, Macedonia have published the Article: On the Structure of the World Economy: An Absorbing Markov Chain Approach, in the Journal: (JOURNAL)
  • what: An exemption is the recent attempt of_[20] who try to examine the evolution of world economic network by a series of finite state Markov chains and the work of_[21], where the random walk Markov chain approach is employed to detect and evaluate the importance of communities in the world input-output network. The paper describes the . . .

     

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