Rank-correlations and value-correlations of Gross Domestic Product per Capita in Latin American countries

REDELICO, FRANCISCO; CLIPPE PAULETE; PROTO, ARACELI; AUSLOOS, MARCEL

J. Phys.: Conf. Ser.

IOP Publishing

Año: 2010 p. 1 - 8

1742-6596

This work describes a method for searching for globalization evidence within Latin American countries using correlation networks methods. Two correlation measures are used, one based on the usual Pearsons Correlation Coefficient and the other based on Mutual Information. First, it is pointed out there is a core of globalization, where no trade blocs appear, within Latin American countries and second, a hierarchy, from a globalization point of view, is found within these countries. There is no intention to enter into a political consideration here, though any politically prone reader may guess that some further consideration is in order.