| Literature DB >> 33322140 |
Célestin Coquidé1, José Lages1, Dima L Shepelyansky2.
Abstract
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.Entities:
Keywords: Google matrix; Markovian process; PageRank; World Trade Organization; networks
Year: 2020 PMID: 33322140 PMCID: PMC7763222 DOI: 10.3390/e22121407
Source DB: PubMed Journal: Entropy (Basel) ISSN: 1099-4300 Impact factor: 2.524