Corpus ID: 215745581

Evolving efficiency and robustness of global oil trade networks

  title={Evolving efficiency and robustness of global oil trade networks},
  author={Wen-Jie Xie and Na Wei and Wei-Xing Zhou},
  journal={arXiv: Statistical Finance},
As a vital strategic resource, oil has an essential influence on the world economy, diplomacy and military development. Using oil trade data to dynamically monitor and warn about international trade risks is an urgent need. Based on the UN Comtrade data from 1988 to 2017, we construct unweighted and weighted global oil trade networks (OTNs). Complex network theories have some advantages in analyzing global oil trade as a system with numerous economies and complicated relationships. This paper… Expand

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