The Product Space is a network representation of the relatedness or proximity between products traded in the global market. The network exhibits heterogeneity and a core-periphery structure: the core of the network consists of metal products, machinery, and chemicals, whereas the periphery is formed by fishing, tropical, and cereal agriculture. The clusters of products in this space bear a striking resemblance to Leamer's product classification system. | The Product Space is a network representation of the relatedness or proximity between products traded in the global market. The network exhibits heterogeneity and a core-periphery structure: the core of the network consists of metal products, machinery, and chemicals, whereas the periphery is formed by fishing, tropical, and cereal agriculture. The clusters of products in this space bear a striking resemblance to Leamer's product classification system. |