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Webinar: How to detect interdependencies among institutional and economic factors: correlation network analysis

 

 

PhD in International public law, ethics & economics for sustainable development

Corso di Statistics and Econometrics

 

How to detect interdependencies among institutional and economic factors: correlation network analysis

 

10th June 2020, 15.00 - 16.00
via Zoom

 

Nadia von Jacobi

Institutional and economic factors have often been investigated with a view to detect complementarities or substitution-effects. Typically, such analysis adopts a pairwise approach, focusing on the link between two specific factors. In this seminar, I would like to share some insights on an innovative methodological approach: correlation network analysis. Such technique has been used to study gene co-expression and is adequate to introduce greater complexity into the analysis of institutional and economic interdependencies. It maps symmetric and asymmetric relationships between different factors into network visualization: this helps identifying most "central" factors - that are most interconnected to others, or factors on which many others depend. Such factors are likely to be "system changers", or "bottlenecks", which could become object of targeted policy action. I will present an exemplary application to municipality-level data in Brazil.

Further reading:
von Jacobi, N. (2018) Institutional Interconnections: Understanding Symbiotic Relationships, Journal of Institutional Economics, 14(5): 853-876

 

10th June 2020, 15.00 - 16.00
via Zoom

Meeting ID: 879 3172 9217 - Password: 1fdf1s

 

 

08 June 2020
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