How crude oil prices shape the global division of labor

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• 作者：Francesco Picciolo^a ; ^{picciolo.fr@gmail.com} ; Andreas Papandreou^b ; Klaus Hubacek^c ; Franco Ruzzenenti^d ; ^e
• 关键词：Globalization ; Oil price ; Global supply chains ; Markov chain analysis ; Network analysis
• 刊名：Applied Energy
• 出版年：2017
• 出版时间：1 March 2017
• 年：2017
• 卷：189
• 期：Complete
• 页码：753-761
• 全文大小：596 K
• 卷排序：189

文摘

A network analysis of trade investigates the global value chains in the long run. The share of cyclic value shows a correlation with oil price of 85%. The null model proves that this is not explained by first order properties of network. Results show the link between crude oil price and the international division of labor. Transport costs had an underestimated impact on the structure of production globally.