Measuring Global Supply Chain Vulnerabilities Using Trade Network Analysis Method

With the trade network analysis method and bilateral country-product level trade data of 2017-2020,this paper reveals the overall characteristics and intrinsic vulnerabilities of China’s global supply chains.Our research finds that first,most global supply-chain-vulnerable products are from technology-intensive sectors.For advanced economies,their supply chain vulnerabilities are primarily exposed to political and economic alliances.In comparison,developing economies are more dependent on regional communities.Second,China has a significant export advantage with over 80%of highly vulnerable intermediate inputs relying on imports of high-end electrical,mechanical and chemical products from advanced economies or their multinational companies.China also relies on developing economies for the import of some resource products.Third,during the trade frictions from 2018 to 2019 and the subsequent COVID-19 pandemic,there was a significant reduction in the supply chain vulnerabilities of China and the US for critical products compared with other products,which reflects a shift in the layout of critical product supply chains to ensure not just efficiency but security.China should address supply chain vulnerabilities by bolstering supply-side weaknesses,diversifying import sources,and promoting international coordination and cooperation.

Local Trade Networks among Farmers and Traders

Both farmers and traders benefit from trade networking, which is crucial for the local economy. Therefore, it is crucial to understand how these networks operate, and how they can be managed more effectively. Throughout this study, we examine the economic networks formed between farmers and traders through the trade of food products. These networks are analyzed from the perspective of their structure and the factors that influence their development. Using data from 18 farmers and 15 traders, we applied exponential random graph models. The results of our study showed that connectivity, Popularity Spread, activity spread, good transportation systems, and high yields all affected the development of networks. Therefore, farmers’ productivity and high market demand can contribute to local food-crop trade. The network was not affected by reciprocity, open markets, proximity to locations, or trade experience of actors. Policy makers should consider these five factors when formulating policies for local food-crop trade. Additionally, local actors should be encouraged to use these factors to improve their network development. However, it is important to note that these factors alone cannot guarantee success. Policy makers and actors must also consider other factors such as legal frameworks, economic policies, and resource availability. Our approach can be used in future research to determine how traders and farmers can enhance productivity and profit in West Africa. This study addresses a research gap by examining factors influencing local food trade in a developing country.

Research on Weighted Directed Dynamic Multiplexing Network of World Grain Trade Based on Improved MLP Framework

As the main food source for humans, the global movement of the three major grains significantly impacts human survival and development. To investigate the evolution of the world cereal trade network and its development trend, a weighted directed dynamic multiplexed network was established using historical data on cereal trade, cereal import dependency ratio, and arable land per capita. Inspired by the MLP framework, we redefined the weight determination method for computing layer weights and edge weights of the target layer, modified the CN, RA, AA, and PA indicators, and proposed the node similarity indicator for weighted directed networks. The AUC metric, which measures the accuracy of the algorithm, has also been improved in order to finally obtain the link prediction results for the grain trading network. The prediction results were processed, such as web-based presentation and community partition. It was found that the number of generalized trade agreements does not have a decisive impact on inter-country cereal trade. The former large grain exporters continue to play an important role in this trade network. In the future, the world trade in cereals will develop in the direction of more frequent intercontinental trade and gradually weaken the intracontinental cereal trade.

Temporal and spatial evolution of global major grain trade patterns

The complex and volatile international landscape has significantly impacted global grain supply security. This study uses a complex network analysis model to examine the evolution and trends of the global major grain trade from 1990 to 2020, focusing on network topology, centrality ranking, and community structure. There are three major findings. First, the global major grain trade network has expanded in scale, with a growing emphasis on diversification and balance. During the study period, the United States, Canada, China, and Brazil were the core nodes of the network. Grain-exporting countries were mainly situated in Asia, the Americas, and Europe, and importing countries in Asia, Africa, and Europe. Second, a significant increase in the number of high centrality countries with high export capacity occurred, benefiting from natural advantages such as fertile land and favorable climates. Third, the main global grain trade network is divided into four communities, with the Americas-Europe community being the largest and most widespread. The formation of the community pattern was influenced by geographic proximity, driven by the core exporting countries. Therefore, the world needs to enhance the existing trade model, promote the multi-polarization of the grain trade network, and establish a global vision for the future community. Countries and regions should participate actively in global grain trade security governance and institutional reform, expand trade links with other countries, and optimize import and export policies to reduce trade risks.

Exploring the complex structural evolution of global primary product trade network

The production and trade of primary products had a growing impact on the economic security of all countries and regions,and the strategic position of these products in the global trade network was becoming increasingly prominent.Based on complex network theory,this paper explored the spatial pattern and complex structural evolution of the global primary product trade network(GPPTN)during 1985-2015 by using index methods,such as centrality,Sankey diagram,and structure entropy,focusing on the diversified spatial structure of China’s import and export markets for primary products(with exceptions of Taiwan of China,Hong Kong of China,and Macao of China due to a lack of data)and their geographical implications for China’s energy security.The research offered the following key findings.The GPPTN showed an obvious spatial heterogeneity pattern,and the area of import consumption was more concentrated;however,the overall trend was decentralized.The trade center of gravity shifted eastwards and reflected the rise of emerging markets.The overall flow of the GPPTN was from west to east and from south to north.In terms of the community detection of the GPPTN,North America,Europe,and Asia increasingly presented an unbalanced“tripartite confrontation”.China’s exports of primary products were mainly concentrated in the Association of Southeast Asian Nations(ASEAN)and other peripheral regions of Asia,and its imports undergone a major transformation,gradually expanding from the peripheral regions of Asia to Africa,the Middle East,Latin America,and other parts of the world.Energy fuels also became the largest imported primary products.Based on the changing trend of structural entropy and main market share,the analysis showed that the stable supply of China’s energy diversification was gradually realized.In particular,the cooperation dividend proposed by the Belt and Road initiative became an important turning point and a strong support for the expansion of China’s energy market diversification pattern and guarantee of energy security.

Spatial Interaction Network Analysis of Crude Oil Trade Relations between Countries along the Belt and Road

Based on the theories and methods of complex network,crude oil trade flows between countries along the Belt and Road(B&R,hereafter)are inserted into the Geo-space of B&R and form a spatial interaction network which takes the countries as nodes and takes the trade relations as edges.The networked mining and evolution analysis can provide important references for the research on trade relations among the B&R countries and the formulation of trade policy.This paper researches and discusses the construction,statistical analysis,top networks and stability of the crude oil trade network between the B&R countries from 2001 to 2020 from the perspectives of Geo-Computation for Social Sciences(GCSS)and spatial interaction.Firstly,evolutions of out-degree,in-degree,out-strength and in-strength of the top 10 countries in the crude oil trade network are computed and analyzed.Secondly,the top network method is used to explore the evolution characteristics of hierarchical structures.And finally,the sequential evolution characteristics of the crude oil trade network stability are analyzed utilizing the network stability measure method based on the trade relationship autocorrelation function.The analysis results show that Russia has the largest out-degree and out-strength,and China has the largest in-degree and in-strength.The crude oil trade volume of the top 10 import and export networks between 2001—2020 accounts for over 90%of the total trade volume of the crude oil trade network,and the proportion remains relatively stable.However,the stability of the network showed strong fluctuations in 2009,2012 and 2014,which may be closely related to major international events in these years,which could furtherly be used to build a correlation model between network volatility and major events.This paper explores how to construct and analyze the spatial interaction network of crude oil trade and can provide references for trade relations research and trade policy formulation of B&R countries.

Identification of the Credit Guarantee Network of Steel Trade Enterprises in China

The risk points in the credit guarantee network of steel trade enterprises were identified by using the network analysis method in this paper. Firstly, the formation and operation mechanism of steel trade credit guarantee network was analyzed.Secondly,a guarantee network was established to analyze the related network structure indexes based on the mutual guarantee data of 83 enterprises in a steel trade market. These indexes included centrality,honest broker,and structural hole. The results suggest that network analysis method can be used to find out the risk points of the guarantee network. Additionally,some recommendations are brought forth to reduce or prevent future crises.

Changes of China's Position in the World Food Trade Network

"Ensuring stability in foreign trade"and"ensuring food security"are essential parts of China's"six priorities"and"stability in six areas".Based on the data of bilateral food trade between countries during 1996-2018,using descriptive statistical analysis and social network analysis methods,this paper analyzed the changes of China's trade position in the world food trade network.It reached the following results.(i)China's position in the trade network has undergone a phased process of"remarkable improvement-continuous fluctuation-significant decline-steady growth".(ii)Export participation is better than import participation,the gap between trade export strength and import strength is widening,and the effective scale and constraint index gradually improve.(iii)The change of China's position in the food trade network is affected by geographical,economic,institutional and cultural factors.In view of these findings,it is recommended to improve node centrality,enhance network participation,improve network interconnection,and prevent international market risks,so as to better deal with the complex international environment.

Territory-based and Ownershipbased Gains from Trade under the Global Production Network——An Empirical Study Based on China

Under global production network,export cannot represent a country's gains from trade,and territory-based gains from trade refer to the remainder of export after deducting the input of intermediate goods and re-export after value-added return.Ownership-based gains from trade refer to the remainder of territory-based gains from trade after further deducting the trade in value added(TVA) realized through the inflow of foreign factors.By creating a multicountry input and output model,this paper calculates the territory-based gains from trade,ownership-based gains from trade,and territory-based gains from trade for foreign countries realized through China's export,as well as valueadded return and territory-based gains from trade for foreign countries realized through China's import.This paper has arrived at the following conclusions:behind China's status as the largest goods exporting country in the world,most of Chinese exports contribute to the gains of foreign countries;value addition for foreign countries realized through China's export and value-added return realized through China's import mostly come from Taiwan region,Japan and South Korea in East Asia;a considerable part of gains from trade for the United States realized through China-US trade is achieved through indirect trade.

Study on the Influence of Network Economy on International Economy and Trade

Research and development and popularization of the internet and other information technologies have accelerated the development rate of Chinese e-commerce industry while at the same time, bringing forward the arrival of the network economy era. Therefore, a study on the economy and trade model under the network economy era shall be conducted for a higher level of Chinese international economy and trade. In view of this, this paper mainly provides a brief overview of the network economy, and deeply analyzes both the positive and negative impacts of the network economy on the international economy and trade. Thus, on this basis, a deep study on specific ways of optimizing the international economy and trade under the background of the network economy has been carried out to further raise the development level of Chinese international economy and trade with the development guarantee for Chinese national economy.

The Impact of the Network Trade Era on the Chinese(Asian)Economy

With the rapid development of the Internet and information technology,network trade has emerged and broken through the traditional trade boundaries in the rapidly developing information technology.Therefore,with the advent of the information age,network trade has had a series of impacts on China’s economy,which has given wings to the take-off of China’s economy,but also made the development of China’s economy face a new environment and new challenges.Based on this,this paper first analyzes the connotation of network trade,and analyzes the impact of the network trade era on China’s economy.Through such a study,it aims to make China better seize the opportunities of the times and meet the challenges of the times in the process of promoting social and economic development,so as to achieve a good and rapid development of the national economy.

环境产品贸易网络的结构特征及演进机制——基于共建“一带一路”国家的实证

加强环境产品贸易合作是推进区域绿色发展的重要途径。该研究基于社会网络分析视角,利用2000—2020年共建“一带一路”国家的54种环境产品贸易数据构建环境产品贸易网络,采用时间指数随机图模型(TERGM),探究区域环境产品贸易网络结构特征及其演化机制。研究发现:①样本区间内,环境产品贸易网络密度和平均聚类系数总体呈上升趋势,平均路径长度缩减,网络直径较短,但是受疫情影响,2020年网络特征指标数值明显下降。②意大利、中国、韩国和新加坡的点出度与点入度排名位于前列,在贸易网络中发挥“桥梁”与“枢纽”作用。中国后来居上,成为点出度与点入度最高的国家,引领区域环境产品贸易发展。③欧洲与亚洲是环境产品贸易网络中贸易合作最密集的两个地区,非洲、拉丁美洲地区的共建“一带一路”国家具有较少的环境产品贸易关系,且源自板块外进口关系数显著多于出口关系数。④TERGM分析表明,环境产品贸易网络存在显著的互惠性、连通性、稳定性和变异性。工业增加值、经济自由度和绿色创新存在发送效应和接收效应,人均GDP、环境规制存在发送效应。地理距离不利于形成环境产品贸易合作。⑤环境保护型产品、可再生能源产品、环境监测分析与评价设备贸易网络的形成和演化具有异质性。基于该结论,从引领区域绿色低碳发展、因地制宜深化环保产业合作、加快环保产业转型升级等方面,提出了深化和拓展“一带一路”环境产品贸易关系的对策建议。

基于分布鲁棒优化的车-站-网日前能量管理与交易

为考虑上级电网电价、光伏出力等多重多层级不确定性对车-站-网互动博弈模型的影响,且充分体现配电网主动管理技术支撑效果,文中提出了一种基于分布鲁棒优化的车-站-网能量管理与交易方法。首先,针对主动配电网内多元主体能量管理与交易问题,建立了配电网运营商、充电站和电动汽车的日前市场互动框架。其次,融合主动网络管理技术和网络约束,在配电网运营商与聚合了电动汽车的多个充电站之间构建了以多主体各自利益最大为目标的双层Wasserstein分布鲁棒互动博弈模型。然后,提出了结合Karush-Kuhn-Tucker条件、对偶原理和大M法的化简方法以解决多层级不确定性造成的求解难题,将双层Wasserstein分布鲁棒模型转化为单层混合整数二阶锥规划模型,并利用商业求解器YALMIP/GUROBI进行了求解。最后,通过算例仿真验证了所提模型和方法的有效性。

交通改善、产业链贸易与区域生产网络

理论上,交通改善能够促进企业间贸易与产业间的分工合作,进而形成区域乃至全国性生产网络。本文利用福建省企业增值税发票数据构建了产业链关联变量,考察了高速公路对省内企业间产业分工与产业链形成的影响,有以下发现:首先,高速公路促进了企业的产业间销售,加深了与产业链企业的贸易联系,并提升了销售对象的产业多样性;其次,上游企业贸易对下游企业贸易有显著推动作用,而且上述结果在考虑内生性以及可能产生估计偏误的情形下保持稳健;最后,对不同产业以及生产网络中心度的异质性分析发现,交通改善对制造业下游的产业影响强于服务业,而且高速公路能够带动生产网络中的弱势产业,从而降低网络的结构失衡。

“一带一路”制造业增加值贸易网络对中国企业对外直接投资的影响研究

全球价值链重构趋势下,“一带一路”贸易网络日益紧密,东道国贸易网络地位对对外直接投资(OFDI)的影响逐渐显现,成为吸引中国企业“走出去”的新区位优势。本文基于“一带一路”共建国家制造业的投入产出数据构建增加值贸易网络,结合2009—2019年A股上市公司、BvD-Zephyr以及fDi Markets数据,考察东道国贸易网络地位对中国企业OFDI的影响。研究发现:“一带一路”东道国制造业增加值贸易网络地位的提升,对中国企业OFDI具有显著的促进作用,且上述影响在发达国家、制度风险较低及开设境外园区的东道国更强,并且进一步激发了中国民营企业、初始投资企业“走出去”开展跨国并购的积极性。此外,中国企业OFDI的结构得以优化,投资行业依托贸易网络呈现阶梯状分布。机制分析表明,中间品进口激励效应、投资风险规避效应和全球价值链嵌入效应是其重要传导渠道。本文为中国企业面向“一带一路”共建国家的投资策略制定提供有益参考,对推动共建“一带一路”高质量发展具有重要现实意义。

考虑行为克隆的深度强化学习股票交易策略

为提高股票投资的收益并降低风险,将模仿学习中的行为克隆思想引入深度强化学习框架中设计股票交易策略。在策略设计过程中,将对决DQN深度强化学习算法和行为克隆进行结合,使智能体在自主探索的同时模仿事先构造的投资专家的决策。选择不同行业的股票进行数值实验,说明了所设计的交易策略在年化收益率、夏普比率和卡玛比率等收益与风险指标上优于对比策略。研究结果表明:将模仿学习与深度强化学习相结合可以使智能体同时具有探索和模仿能力,从而提高模型的泛化能力和策略的适用性。

贸易政策不确定性与技术创新——基于贸易网络的调节效应

随着全球贸易保护主义趋势不断加强,各国的贸易政策不确定性也在不断增加。文章基于2008-2019年79个国家的相关数据,实证分析了贸易政策不确定性对技术创新的影响。研究结果表明:由贸易政策干预所引起的贸易政策不确定性的增加,不利于受影响国技术创新水平的提高;相较于发达国家,发展中国家技术创新受贸易政策不确定性的影响更为显著;贸易政策不确定性的增加不利于受影响国技术创新水平的提高,但受影响国可以通过提高自身的贸易网络地位,减弱贸易政策不确定性对技术创新的负面影响。在全球贸易保护主义趋势不断加强的背景下,各国应根据国情制定相关政策,积极推动国家间经济合作的达成来应对贸易政策不确定性所带来的影响。

贸易网络地位对技术创新的影响研究

文章基于2012-2021年109个国家的高技术产品贸易数据,分析高技术产品贸易网络结构。结果表明,高技术贸易网络呈现日益紧密的趋势,但仍以少数发达国家为中心。同时选取同期58个国家的面板数据,从市场势力的视角,实证研究贸易网络地位对技术创新的影响。研究发现:在高技术产品贸易网络中,通过提高创新效率,贸易网络地位可以对技术创新水平产生积极影响。此外,贸易网络地位的提高对高收入和中高收入国家的技术进步有更大贡献。为突破“卡脖子”技术难题,中国应注重提高高技术产品的贸易网络地位。

全球电影贸易网络时空格局演化特征分析

基于联合国商品贸易统计数据库,利用复杂网络分析方法,探讨2004—2019年全球电影贸易网络时空格局演化特征。研究发现:1)全球电影贸易网络节点数量、贸易关系流和平均加权度持续增加,各国或地区在全球电影贸易网络中的联系越来越密切。贸易网络的可达性和通达性良好,具有小世界特征和无标度性质。2)贸易网络的拓扑结构从以欧洲、美国为双核心演变为以欧洲、亚洲和美国的“多点开花”式多极结构,以往全球电影贸易网络中“自西向东、由北往南”的空间格局正在变化,亚洲国家在全球电影贸易中增长显著,中国成为亚洲区域性电影贸易中心。3)网络核心—边缘结构越来越明显,电影贸易出现较为明显的等级层次性。全球电影贸易网络表现出全球化和区域化共存的趋势,区域化已成为全球电影贸易网络演化的重要趋势之一。4)全球电影贸易网络可划分为4个主要社团,其分布呈空间的连续性,社团结构的存在促进电影贸易网络的稳定和发展。