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Features and evolution of international crude oil trade relationships: A trading-based network analysis

Haizhong An, Weiqiong Zhong, Yurong Chen, Huajiao Li and Xiangyun Gao

Energy, 2014, vol. 74, issue C, 254-259

Abstract: Traditional international trade theories have some limits in analyzing international crude oil trade as a system with numerous countries and complicated relationships. Complex network theory provides a method to analyze the world-wide trade system entirely and partly. Complex network models on direct relationships are fundamental analysis; we went further and established a new model based on indirect relationships.

Keywords: International crude oil trade; Complex network; Trading-based relationship (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:74:y:2014:i:c:p:254-259

DOI: 10.1016/j.energy.2014.06.095

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