Enhancing Bilateral International Trade Flow Analysis with Knowledge Graph Embeddings
摘要
Reliably extracting valuable information from economic data is notoriously difficult. They are the result of highly subjective actions driven by contingency and strong non-linearity, driven by high-dimensional influences. These characteristics have long posed a challenge for conventional econometric, regression-based models. To tackle this challenge, we propose using knowledge graph embeddings to analyze economic trade data, with a focus on predicting international trade relationships. We introduce KonecoKG, a knowledge graph representation of economic trade data with multidimensional relationships, built using SDM-RDFizer. We then transform these relationships into knowledge graph embeddings using AmpliGraph. Our results show that the method performs much more accurately when compared to baseline regression models.