A MAPPING OF THE LITERATURE ON ECONOPHYSICS

Econophysics is a relatively young discipline, being an interdisciplinary approach that applies methods and tools from physics in the economics, for studying the financial markets, or other economical phenomena. The objective is to create a mapping of the most used keywords in this topic, as well as...

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Autor principal: Sergiu Mihai Hațegan
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Publicado: University of Oradea 2021
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spelling oai:doaj.org-article:68d52d7e6d2542ffa72f248bb80689f12021-11-09T19:44:17ZA MAPPING OF THE LITERATURE ON ECONOPHYSICS1222-569X1582-5450https://doaj.org/article/68d52d7e6d2542ffa72f248bb80689f12021-07-01T00:00:00Zhttp://anale.steconomiceuoradea.ro/volume/2021/n1/008.pdfhttps://doaj.org/toc/1222-569Xhttps://doaj.org/toc/1582-5450Econophysics is a relatively young discipline, being an interdisciplinary approach that applies methods and tools from physics in the economics, for studying the financial markets, or other economical phenomena. The objective is to create a mapping of the most used keywords in this topic, as well as the connections between countries and authors, based on citations. This article studies the literature on the topic of econophysics, using the Web of Science database. Bibliometric analysis was made with the free software VOSviewer, after extracting the data from 1364 articles, since the conception of the topic in 1996 until the year 2020. The software offered a useful network representation between the main keywords used in the field, or between countries and citations, and finally between authors, based on citations. The results evidenced a constant interest on the topic, with main keywords: ”econophysics”, ”financial markets”, ”dynamics”, ”model” and ”stock market”, and the relationships between countries and authors were shown, with the United States, China and Italy being the leading ones. We also found that the most cited authors are H.E. Stanley, the inventor of the word econophysics, Wei-Xing Zhou and Didier Sornette. This article shows the main concepts used in econophysics, which can serve as an indicator of its directions of research, as well as the top contributors in the field, since its inception. Future directions include expanding the analysis to other databases, or to concepts relevant to econophysics, to identify trends in research and the growth of the field.Sergiu Mihai HațeganUniversity of Oradeaarticleeconophysics, VOSviewer, bibliometric mapping, networkBusinessHF5001-6182FinanceHG1-9999DEENFRITAnnals of the University of Oradea: Economic Science, Vol 30, Iss 1, Pp 92-100 (2021)
institution DOAJ
collection DOAJ
language DE
EN
FR
IT
topic econophysics, VOSviewer, bibliometric mapping, network
Business
HF5001-6182
Finance
HG1-9999
spellingShingle econophysics, VOSviewer, bibliometric mapping, network
Business
HF5001-6182
Finance
HG1-9999
Sergiu Mihai Hațegan
A MAPPING OF THE LITERATURE ON ECONOPHYSICS
description Econophysics is a relatively young discipline, being an interdisciplinary approach that applies methods and tools from physics in the economics, for studying the financial markets, or other economical phenomena. The objective is to create a mapping of the most used keywords in this topic, as well as the connections between countries and authors, based on citations. This article studies the literature on the topic of econophysics, using the Web of Science database. Bibliometric analysis was made with the free software VOSviewer, after extracting the data from 1364 articles, since the conception of the topic in 1996 until the year 2020. The software offered a useful network representation between the main keywords used in the field, or between countries and citations, and finally between authors, based on citations. The results evidenced a constant interest on the topic, with main keywords: ”econophysics”, ”financial markets”, ”dynamics”, ”model” and ”stock market”, and the relationships between countries and authors were shown, with the United States, China and Italy being the leading ones. We also found that the most cited authors are H.E. Stanley, the inventor of the word econophysics, Wei-Xing Zhou and Didier Sornette. This article shows the main concepts used in econophysics, which can serve as an indicator of its directions of research, as well as the top contributors in the field, since its inception. Future directions include expanding the analysis to other databases, or to concepts relevant to econophysics, to identify trends in research and the growth of the field.
format article
author Sergiu Mihai Hațegan
author_facet Sergiu Mihai Hațegan
author_sort Sergiu Mihai Hațegan
title A MAPPING OF THE LITERATURE ON ECONOPHYSICS
title_short A MAPPING OF THE LITERATURE ON ECONOPHYSICS
title_full A MAPPING OF THE LITERATURE ON ECONOPHYSICS
title_fullStr A MAPPING OF THE LITERATURE ON ECONOPHYSICS
title_full_unstemmed A MAPPING OF THE LITERATURE ON ECONOPHYSICS
title_sort mapping of the literature on econophysics
publisher University of Oradea
publishDate 2021
url https://doaj.org/article/68d52d7e6d2542ffa72f248bb80689f1
work_keys_str_mv AT sergiumihaihategan amappingoftheliteratureoneconophysics
AT sergiumihaihategan mappingoftheliteratureoneconophysics
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