Trade network characteristics, competitive patterns, and potential risk shock propagation in global aluminum ore trade
Aluminum is an essential strategic mineral resource. The geographical space distribution characteristics make the aluminum ore trade relationship more complicated. This paper analyzes the evolution characteristics, spatial migration, and trade competition of aluminum ore trade from 2011 to 2020. Thi...
Main Authors: | , , , , |
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Format: | Article |
Language: | English |
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Frontiers Media S.A.
2023-01-01
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Series: | Frontiers in Energy Research |
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Online Access: | https://www.frontiersin.org/articles/10.3389/fenrg.2022.1048186/full |
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author | Yue Wang Lu Chen Xiaoyi Wang Nan Tang Xinyu Kang |
author_facet | Yue Wang Lu Chen Xiaoyi Wang Nan Tang Xinyu Kang |
author_sort | Yue Wang |
collection | DOAJ |
description | Aluminum is an essential strategic mineral resource. The geographical space distribution characteristics make the aluminum ore trade relationship more complicated. This paper analyzes the evolution characteristics, spatial migration, and trade competition of aluminum ore trade from 2011 to 2020. This paper constructs the aluminum supply risk propagation network Aluminum Supply Risk Spread Network to analyze the propagation path, impact scope, and potential impact of different risk outbreak sources. The results show that a few countries control more aluminum ore resources, and the trade community and center of trade gravity have changed significantly. Trade competition gradually intensifies, mainly concentrated in Asia and Europe. When supply risk occurs, the threat spreads rapidly. This paper selects four major trading countries Brazil, Guinea, Australia, and China, as risk outbreak countries. Risk outbreak mainly shows three typical characteristics. Meanwhile, indirect infections account for a large proportion, and China plays an essential role in trade. Finally, based on these findings, some suggestions to maintain the stability of the aluminum resource trade and improve its ability to resist risks for China. |
first_indexed | 2024-04-10T23:33:31Z |
format | Article |
id | doaj.art-04ef72547f094f76b0c3626d3af9f76d |
institution | Directory Open Access Journal |
issn | 2296-598X |
language | English |
last_indexed | 2024-04-10T23:33:31Z |
publishDate | 2023-01-01 |
publisher | Frontiers Media S.A. |
record_format | Article |
series | Frontiers in Energy Research |
spelling | doaj.art-04ef72547f094f76b0c3626d3af9f76d2023-01-12T04:15:02ZengFrontiers Media S.A.Frontiers in Energy Research2296-598X2023-01-011010.3389/fenrg.2022.10481861048186Trade network characteristics, competitive patterns, and potential risk shock propagation in global aluminum ore tradeYue WangLu ChenXiaoyi WangNan TangXinyu KangAluminum is an essential strategic mineral resource. The geographical space distribution characteristics make the aluminum ore trade relationship more complicated. This paper analyzes the evolution characteristics, spatial migration, and trade competition of aluminum ore trade from 2011 to 2020. This paper constructs the aluminum supply risk propagation network Aluminum Supply Risk Spread Network to analyze the propagation path, impact scope, and potential impact of different risk outbreak sources. The results show that a few countries control more aluminum ore resources, and the trade community and center of trade gravity have changed significantly. Trade competition gradually intensifies, mainly concentrated in Asia and Europe. When supply risk occurs, the threat spreads rapidly. This paper selects four major trading countries Brazil, Guinea, Australia, and China, as risk outbreak countries. Risk outbreak mainly shows three typical characteristics. Meanwhile, indirect infections account for a large proportion, and China plays an essential role in trade. Finally, based on these findings, some suggestions to maintain the stability of the aluminum resource trade and improve its ability to resist risks for China.https://www.frontiersin.org/articles/10.3389/fenrg.2022.1048186/fullaluminum ore tradecomplex network modelcascading failure modelrisk propagationtrade stability |
spellingShingle | Yue Wang Lu Chen Xiaoyi Wang Nan Tang Xinyu Kang Trade network characteristics, competitive patterns, and potential risk shock propagation in global aluminum ore trade Frontiers in Energy Research aluminum ore trade complex network model cascading failure model risk propagation trade stability |
title | Trade network characteristics, competitive patterns, and potential risk shock propagation in global aluminum ore trade |
title_full | Trade network characteristics, competitive patterns, and potential risk shock propagation in global aluminum ore trade |
title_fullStr | Trade network characteristics, competitive patterns, and potential risk shock propagation in global aluminum ore trade |
title_full_unstemmed | Trade network characteristics, competitive patterns, and potential risk shock propagation in global aluminum ore trade |
title_short | Trade network characteristics, competitive patterns, and potential risk shock propagation in global aluminum ore trade |
title_sort | trade network characteristics competitive patterns and potential risk shock propagation in global aluminum ore trade |
topic | aluminum ore trade complex network model cascading failure model risk propagation trade stability |
url | https://www.frontiersin.org/articles/10.3389/fenrg.2022.1048186/full |
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