International economics has a long history of improving our understanding of factors causing trade, and the consequences of free flow of goods and services across countries. The recent shocks to the free trade regime, especially trade disputes among major economies, as well as black swan events, such as trade wars and pandemics, raise the need for improved predictions to inform policy decisions. AI methods are allowing economists to solve such prediction problems in new ways. In this manuscript, we present novel methods that predict and associate food and agricultural commodities traded internationally. Association Rules (AR) analysis has been deployed successfully for economic scenarios at the consumer or store level, such as for market basket analysis. In our work however, we present analysis of imports and exports associations and their effects on commodity trade flows. Moreover, Ensemble Machine Learning methods are developed to provide improved agricultural trade predictions, outlier events' implications, and quantitative pointers to policy makers.
翻译:最近对自由贸易体制的冲击,特别是主要经济体之间的贸易争端,以及黑天鹅事件,例如贸易战争和流行病,使得有必要改进预测,以便为决策提供依据。大赦国际的方法使经济学家能够以新的方式解决这种预测问题。在这个手稿中,我们介绍了预测和联系国际买卖的粮食和农业商品的新方法。协会规则分析成功地用于消费者或商店一级的经济情景,例如市场篮子分析。然而,我们在工作中对进出口协会及其对商品贸易流动的影响进行了分析。此外,还开发了综合机器学习方法,以便向决策者提供更好的农业贸易预测、外部事件的影响和定量指标。