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Gaskin, T., Demirel, G., Wolfram, MT. et al. Modelling global trade with optimal transport. Nat Commun

Objective:

  • Employ optimal transport and a deep neural network to learn a time-dependent cost function from data

Case:

  • Global countries

Methodology:

  • Entropy-regularized optimal transport
  • Neural inverse optimal transport
  • Neural network

Data Source

  • FAO trade matrix

Findings:

  • Low-income countries experienced disproportionately higher increase in trade costs due to war in Ukraine’s impact on wheat markets

Coding Reference: