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A non-conventional model to explain and forecast prices and trade flows of food staples across developing nations in Southeast Asia

Research Project

Project/Area Number 17H07180
Research Category

Grant-in-Aid for Research Activity Start-up

Allocation TypeSingle-year Grants
Research Field Economic policy
Research InstitutionWaseda University

Principal Investigator

Quek Olivia  早稲田大学, 国際学術院(アジア太平洋研究センター), 助教 (60803517)

Project Period (FY) 2017-08-25 – 2019-03-31
Project Status Discontinued (Fiscal Year 2018)
Budget Amount *help
¥2,600,000 (Direct Cost: ¥2,000,000、Indirect Cost: ¥600,000)
Fiscal Year 2018: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2017: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
KeywordsSpatial economics / Food security / Spatial integration / Food market integration / Transport theory / Trade costs / Arbitrage / Spatial economics / Trade
Outline of Annual Research Achievements

The purpose of this research is to develop an unconventional model to understand and explain the trade flows of homogenous and perishable food products across geographically distinct markets. When working with rice price data from developing countries, I used web mining methods to obtain as many sources of data as possible, and performed data cleaning and visualization of the data. I then employed unsupervised machine learning techniques such as Prrincipal Component Analysis (PCA) and t-Distributed Stochastic Neighbor Embedding (t-SNE), to better understand the co-movements of food prices across groups of trading partners. These data-compressing techniques allowed me to identify groups of trading markets whose food prices co-move to a high degree.

Research Progress Status

平成30年度が最終年度であるため、記入しない。

Strategy for Future Research Activity

平成30年度が最終年度であるため、記入しない。

Report

(2 results)
  • 2018 Annual Research Report
  • 2017 Annual Research Report

URL: 

Published: 2017-08-25   Modified: 2019-12-27  

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