How can artificial intelligence, machine learning, simulation, agent based modelling and other leading data science techniques contribute to better understanding of trade and investment patterns?

Background

DIT is committed to using evidence and analysis to maximise the economic value of our programme of bilateral and multilateral trade agreements. Methods, modelling and measurement of trade agreements is an evolving area of research, while future evidence may include investigation into impacts of new and modernising provisions in trade agreements.

The data, statistics and measurement questions on trade agreements are:

Next steps

Get in touch with ari.comment@go-science.gov.uk

Source

This question was published as part of the set of ARIs in this document:

DIT Areas of research interest 2020 to 2021 GOVUK

Related UKRI funded projects

  • Machine Learning in International Trade Research - Evaluating the Impact of Trade Agreements

    International trade is of vital importance for modern economies, and governments around the world try to shape their countries' exports and imports through numerous interventions. Given the problems facing trade negotiat...

    Funded by: ESRC

    Lead research organisation: University of Surrey

    Why might this be relevant?

    The project specifically addresses the question by using machine learning techniques to evaluate the effects of trade agreements and their provisions on trade flows.

  • Data and Analytics for Real-time Trade modelling (DART)

    "**Need** - UK government wishes to support SMEs to increase trade. To assess trade and supply chain impacts of policy changes and political/economic events like Brexit, politicians, trade negotiators and businesses...

    Funded by: Innovate UK

    Lead research organisation: CORIOLIS TECHNOLOGIES LIMITED

  • MultiLateral Thinking - Coriolis Technologies

    **Vision** - COVID-19 will change the nature of trade and impact the UK's economic performance, trade strategy/policy and global position. WTO forecasts global trade will fall 30% due to COVID-19\. COVID-19 places unique...

    Funded by: Innovate UK

    Lead research organisation: CORIOLIS TECHNOLOGIES LIMITED

  • Aggregation in Gravity-Based Estimation: Theory, Evidence and Policy Implications

    International trade forms a vital part of modern economies. Likewise, many aspects of government policy are directed towards influencing international trade. For instance, governments may join trade agreements, enter cur...

    Funded by: ESRC

    Lead research organisation: University of Warwick

  • UK in a Changing Europe Fellowship

    What types of trade agreements should the UK join post-Brexit? The world trading system, comprised of multilateral, mega-regional, and bilateral trade agreements offers multiple paths forward for the future of UK trade. ...

    Funded by: ESRC

    Lead research organisation: University of Cambridge

    Why might this be relevant?

    The project addresses the impact of trade agreements on firms' decisions, global trade flows, and welfare, providing valuable guidance to policymakers.

  • Ulster University "NISRA BDR Programme"

    This project will form part of the beta testing of the NISRA de-identified Business Data for Research (BDR) database in advance of the data being made available for wider use by approved researchers within the Administra...

    Funded by: ESRC

    Lead research organisation: University of Ulster

  • The Economic Impacts of Post-Brexit Trade Options

    The UK's exit from the European Union presents policymakers with an unprecedented set of challenges, risks and opportunities. Perhaps nowhere are these more significant than in the decisions that the UK will have to make...

    Funded by: ESRC

    Lead research organisation: Institute for Fiscal Studies

Similar ARIs from other organisations

Increase our global Impact What are the key routes for UK trade? What makes them key routes? Department for Transport, 2023
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Increase our global Impact What are the main barriers of the UK's bilateral trade with partner countries? How do non-tariff and tariff barriers impact trade? Department for Transport, 2023
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