Measuring Economic Globalization: Spatial Hierarchies and Market Topologies

Abstract

Measuring the degree and extent of economic globalization is subject to a variety of issues ranging from theoretical conceptualization to the selection of appropriate data. This examination of economic globalization underscores the importance of a geographic perspective that is necessarily situated within a temporal context. International trade data and exploratory spatial data analyses are used to assess patterns of economic globalization between 1970 and 1997. Results indicate that preserving topological relationships between states in the global economy can guide, inform, and extend future studies of the processes and patterns of economic globalization.

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