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Compositional analysis of trade flows structure

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989592%3A15310%2F17%3A73582560" target="_blank" >RIV/61989592:15310/17:73582560 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Compositional analysis of trade flows structure

  • Original language description

    Statistical analysis of trade flows structure can signi cantly help to reveal or to confi rm important macroeconomic phenomena. Because of relative character of these multivariate observations, application of standard multivariate methods directly to raw data can lead to meaningless results, affected by trade sizes of different countries. As a way out, it is proposed to employ the logratio methodology that is able to capture interesting features through logratios between compositional parts. Particularly, the perturbation operation together with clr coefficients for coordinate representation of compositions seem to be easy to handle and to interpret for the purpose. Popular exploratory tools, principal component analysis and PARAFAC modeling of three-way data, resulting from a longterm study of the export/import structure, are applied in the compositional context for data from OECD and WIOD databases. The results show that the logratio methodology enables to reveal interesting features of world trade flows and thus provides a preferable alternative to existing exploratory tools.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database

  • CEP classification

  • OECD FORD branch

    10103 - Statistics and probability

Result continuities

  • Project

    <a href="/en/project/EE2.3.20.0170" target="_blank" >EE2.3.20.0170: Building of Research Team in the Field of Environmental Modeling and the Use of Geoinformation Systems with the Consequence in Participation in International Networks and Programs</a><br>

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2017

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    Austrian Journal of Statistics

  • ISSN

    1026-597X

  • e-ISSN

  • Volume of the periodical

    46

  • Issue of the periodical within the volume

    2

  • Country of publishing house

    AT - AUSTRIA

  • Number of pages

    15

  • Pages from-to

    49-63

  • UT code for WoS article

  • EID of the result in the Scopus database

    2-s2.0-85009348430