The role of G7 on global trade: A qualitative Input-Output perspective (1995-2014) by Héctor Romero-Ramírez (Full Text)

Original Article

Abstract

This paper studies the role of the G7 member countries in global trade between 1995 and 2014. The qualitative Input-Output and network analysis techniques were used to illustrate the structure of the trade network. It was found that most of the G7 members maintain significant export relationships. Being Germany and the United States of America the prominent exporters. Besides, it was found that Luxembourg and Malta were the main partners of G7 countries. In addition, it was found that during 2014 the communities made up of the G7 member countries were fragmented but showed evidence that they are made up of geographically close countries.

JEL Classification: F1, F140, R150

Keywords

International Trade, Interregional Trade, Input Output

About the Author: Héctor Romero-Ramírez is a Research Associate at the Federal Reserve Bank of San Francisco.

Disclaimer: The views in this paper are solely the responsibility of the author and should not be interpreted as reflecting the views of the Federal Reserve Bank of San Francisco or the Board of Governors of the Federal Reserve System.