Complex Network Analysis of International Olive Oil Market
Abstract
Olive oil, as one of the symbols of healthy life, has become an irreplaceable nutrition in today’s world. World consumption of olive oil has increased significantly since 1990’s. However, there is a small number of countries which have comparative advantage in this market since olive is only produced in the Mediterranean countries. On the other hand, the fact that a product which is marketed by such limited producers also increases the importance of the countries concerned in terms of sustainable development in agriculture. Policies which will increase the supply of these countries yearly is important in terms of sustainable development in agriculture in order to meet the increasing demand in parallel with the world population growth.
In this sense, the world olive oil trade from 1995 to 2015 is analyzed in this study. Network approach that has gained popularity in recent years is used since it gives healthier results than standard statistical methods. In this market, where the findings indicate that there is core-periphery structure, the centrality measure is examined to determine the impact of countries as an importer/exporter and evolution of this structure over the period.Keywords
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Details
Primary Language
English
Subjects
Agricultural Engineering
Journal Section
Research Article
Publication Date
December 30, 2018
Submission Date
March 30, 2018
Acceptance Date
August 9, 2018
Published in Issue
Year 2018 Volume: 24 Number: 2
Cited By
Measuring the Competitive Advantage of Countries Along the Belt and Road From the Perspective of Complex Social Networks
Frontiers in Physics
https://doi.org/10.3389/fphy.2022.813005