4.6 Article

Interdependence of Sectors of Economic Activities for World Countries from the Reduced Google Matrix Analysis of WTO Data

期刊

ENTROPY
卷 22, 期 12, 页码 -

出版社

MDPI
DOI: 10.3390/e22121407

关键词

World Trade Organization; networks; Google matrix; Markovian process; PageRank

资金

  1. Pogramme Investissements d'Avenir [ANR-11-IDEX-0002-02, ANR-10-LABX-0037-NEXT]
  2. NANOX [ANR-17-EURE-0009, ANR-15-IDEX-0003]
  3. Bourgogne Franche-Comte region council (APEX project)

向作者/读者索取更多资源

We apply the recently developed reduced Google matrix algorithm for the analysis of the OECD-WTO World Network of Economic Activities. This approach allows to determine interdependencies and interactions of economy sectors of several countries, including China, Russia and the USA, properly taking into account the influence of all the other world countries and their economic activities. Within this analysis, we also obtain the sensitivity of EU countries' economies to the petroleum activity sector. We show that this approach 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.

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