# Influence of petroleum and gas trade on EU economies from the reduced Google matrix analysis of UN COMTRADE data

@article{Coquid2019InfluenceOP,
title={Influence of petroleum and gas trade on EU economies from the reduced Google matrix analysis of UN COMTRADE data},
author={C{\'e}lestin Coquid{\'e} and Leonardo Ermann and Jos{\'e} Lages and Dima L. Shepelyansky},
journal={The European Physical Journal B},
year={2019},
volume={92},
pages={1-14}
}
• C. Coquidé, +1 author D. Shepelyansky
• Published 5 March 2019
• Economics, Computer Science, Physics, Business
• The European Physical Journal B
Abstract Using the United Nations COMTRADE database (United Nations Commodity Trade Statistics Database, http://comtrade.un.org/db/ (accessed January 2019)) we apply the reduced Google matrix (REGOMAX) algorithm to analyze the multiproduct world trade in years 2004–2016. Our approach allows determining the trade balance sensitivity of a group of countries to a specific product price increase from a specific exporting country taking into account all direct and indirect trade pathways via all… Expand
16 Citations

#### Figures, Tables, and Topics from this paper

World impact of kernel European Union 9 countries from Google matrix analysis of the world trade network
• Computer Science, Physics
• Appl. Netw. Sci.
• 2021
It is shown that KEU9 takes the top trade network rank positions thus becoming the main player of the world trade being ahead of USA and China. Expand
Interdependence of Sectors of Economic Activities for World Countries from the Reduced Google Matrix Analysis of WTO Data
• Entropy
• 2020
It is shown that the recently developed reduced Google matrix algorithm takes into account the multiplicity of economical interactions between countries and activity sectors, thus providing a richer analysis compared to the usual export-import analysis. Expand
Competitive Conditions in Global Value Chain Networks: An Assessment Using Entropy and Network Analysis
• Computer Science, Medicine
• Entropy
• 2020
The empirical results reveal that diversification (entropy) and dominance (degree) are not correlated and dominant countries (rich) become more dominant (richer) and diversification is not conditioned by competitiveness. Expand
Dynamic Analyses of Contagion Risk and Module Evolution on the SSE A-Shares Market Based on Minimum Information Entropy
• Medicine, Computer Science
• Entropy
• 2021
Empirical results show that the connected effect is more significant in bear markets than bull markets and gives rise to abnormal volatilities in the stock market, and medium- and small-cap stocks with poor financial conditions are more likely to become risk sources, especially inBear markets. Expand
Contagion in Bitcoin Networks
• Computer Science, Economics
• BIS
• 2019
This study constructs the Google matrices of bitcoin transactions for all year quarters and finds that even on a distance from the critical threshold $\kappa_c$ the top PageRank and CheiRank users rapidly drop to the bankruptcy. Expand
Wikipedia network analysis of cancer interactions and world influence
• Computer Science, Medicine
• PloS one
• 2019
It is argued that this analysis of knowledge accumulated in Wikipedia provides useful complementary global information about interdependencies between cancers, drugs and world countries. Expand
Wikipedia network analysis of cancer interactions and world influence
• Computer Science, Biology
• 2019
It is argued that this analysis of knowledge accumulated in Wikipedia provides useful complementary global information about interdependencies between cancers, drugs and world countries. Expand
Linear response theory for Google matrix
• Computer Science, Physics
• ArXiv
• 2019
It is argued that the developed LIRGOMAX algorithm will find broad applications in the analysis of complex directed networks after developing the linear response theory for the Google matrix PageRank algorithm with respect to a general weak perturbation. Expand
Google matrix analysis of bi-functional SIGNOR network of protein-protein interactions
• Biology, Computer Science
• 2019
The Google matrix analysis of the protein-protein network from the open public database SIGNOR is developed and it is shown that the dominating activation or inhibition function of each protein can be characterized by its magnetization. Expand
Statistical properties of the MetaCore network of protein-protein interactions
• Biology
• 2021
It is argued that the described Google matrix analysis represents an efficient tool for investigation of influence of specific groups of proteins related to specific diseases. Expand

#### References

SHOWING 1-10 OF 42 REFERENCES
• Economics, Computer Science
• ArXiv
• 2015
The results show that the trade contribution of products is asymmetric: some of them are export oriented while others are import oriented even if the ranking by their trade volume is symmetric in respect to export and import after averaging over all world countries. Expand
• Economics, Physics
• ArXiv
• 2011
The study establishes the existence of two solid state like domains of rich and poor countries which remain stable in time, while the majority of countries are shown to be in a gas like phase with strong rank fluctuations. Expand
• Economics
• 2008
This paper uses the tools of network analysis and graph theory to graphically and analytically represent the characteristics of world trade. The structure of the World Trade Network is compared overExpand
Hubs and Authorities in the World Trade Network Using a Weighted HITS Algorithm
• Medicine
• PloS one
• 2014
Japan's authority value has increased slowly, while its hub value has declined, which is consistent with Japan's transition from being an export-driven economy in its high economic growth era in the latter half of the twentieth century to being a more mature, economically balanced nation. Expand
Patterns of dominant flows in the world trade web
• Economics, Physics
• 2007
The large-scale organization of the world economies is exhibiting increasing levels of local heterogeneity and global interdependency. Understanding the relation between local and global featuresExpand
Multinetwork of international trade: a commodity-specific analysis.
• Economics, Physics
• Physical review. E, Statistical, nonlinear, and soft matter physics
• 2010
The results suggest that on the top of a relatively time-invariant "intrinsic" taxonomy, the roles played by different commodities in the ITN have become more and more dissimilar, possibly as the result of an increased trade specialization. Expand
The evolution of the world trade web: a weighted-network analysis
• Economics
• 2008
This paper employs a weighted network approach to study the empirical properties of the web of trade relationships among world countries, and its evolution over time. We show that most countries areExpand
International Economics: Theory and Policy
• Economics
• 1988
1. Introduction 2. World Trade: An Overview 3. Labor Productivity and Comparative Advantage: The Ricardian Model 4. Specific Factors and Income Distribution 5. Resources and Trade: TheExpand
Structure and Response in the World Trade Network
• Economics, Computer Science
• Physical review letters
• 2010
By treating the world trade network as an evolving system, theory predicts the trade network is more sensitive to recessionary shocks and recovers more slowly from them now than it did 40 years ago, due to structural changes in the worldtrade network induced by globalization. Expand
World-trade web: topological properties, dynamics, and evolution.
• Mathematics, Medicine
• Physical review. E, Statistical, nonlinear, and soft matter physics
• 2009
It is shown that all node-statistic distributions and their correlation structure have remained surprisingly stable in the last 20 years -and are likely to do so in the future -and the distribution of (positive) link weights is slowly moving from a log-normal density towards a power law. Expand