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physics.soc-ph2015
A network analysis of the global energy market: an insight on the entanglement between crude oil and the world economy
Franco Ruzzenenti, Francesco Picciolo, Andreas Papandreou
One major hurdle in the road toward a low carbon economy is the present entanglement of developed economies with oil. This tight relationship is mirrored in the correlation between…
physics.soc-ph2015
How crude oil prices shape the global division of labour
Francesco Picciolo, Andreas Papandreou, Klaus Hubacek +1
Our work sheds new light on the role of oil prices in shaping the world economy by investigating flows of goods and services through global value chains between 1960 and 2011, by m…