Measuring the Geographical Dispersion of World Petroleum Trade

Yu Hong; Huiai Yuan; Hong Wei Su

doi:10.4028/www.scientific.net/AMR.804.239

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HomeAdvanced Materials ResearchAdvanced Materials Research Vol. 804Measuring the Geographical Dispersion of World...

Measuring the Geographical Dispersion of World Petroleum Trade

Abstract:

This study proposes an approach to measure the changing geographical dispersion of world trade by using modified HirschmannHerfindahl index. We report the results for both imports and exports of world trade in three petroleum products. We argue that the world averages should be employed as a modification when assessing the geographical dispersion of an individual countrys petroleum trade. Finally, we apply the modification technique in the analysis of Chinese petroleum safety strategy.

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Periodical:

Advanced Materials Research (Volume 804)

Pages:

239-243

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.804.239

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Online since:

September 2013

Authors:

Yu Hong, Huiai Yuan, Hong Wei Su

Keywords:

Energy Safety, Geographical Dispersion, HirschmannHerfindahl Index, Petroleum Trade

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References

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