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.

错误:搜索内容不能为空,请输入英文关键词
错误:关键词超出字数限制,请精简
高级检索

Enhancing Bilateral International Trade Flow Analysis with Knowledge Graph Embeddings

  • Durgesh Nandini,
  • Simon Blöthner,
  • Mirco Schönfeld,
  • Mario Larch

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.