This book aims to theoretically and empirically enrich the GVC accounting framework with statistical physics and complex network theory from the perspective of econophysics, thus adding up to the existing theories. Besides, it also aims at capturing the essences of network models such as topological complexity, hierarchy, transmissibility, interaction, and causality and reflecting the objective interrelations among economies or between economies and economic systems on the GVC, so as to reveal the inherent evolution of the cross-regional and even global economic systems.

Lizhi Xing, Ph. D. in management, is Associate Researcher in College of Economics and Management, Beijing University of Technology. His work adopts Inter-Country Input–Output (ICIO), also called Multi-Region Input–Output (MRIO), data to build weighted and directed complex network models, which are the basis of measurement, simulation, and prediction on the international trade.