We study the structure of international trade hypergraph consisting triangular hyperedges representing exporter-importer-product relationship. Measuring mean hyperdegree adjacent vertices, we first find its behaviors different from those in pairwise networks and explain origin by tracing relation between degree. To interpret observed correlation properties context strategies, decompose into two...

Foreign aid allocation by donor countries to developing economies is known be motivated the country’s bilateral trade interests. Does this apply also climate aid? In paper, we combine theoretical and empirical analyses investigate how affects countries’ allocations of aid. Our analysis develops a simple model support our hypothesis that has positive impact on transfers. The highlights terms-of-...

Artificial intelligence (AI) has strong potential to spur innovation, help firms create new value from data, and reduce trade costs. Growing interest in the economic societal impacts of AI also prompted implications this technology. While technologies have fundamentally change international business models, itself can be an important mechanism through which countries access inputs needed build ...