ALTERNATIVE TO NEWSFLOW DRIVERS

The first experiment proposes a new method of incorporating a wide array of sentiment scores from global newspaper articles into macroeconomic forecasts, attempting to forecast industrial production and consumer prices leveraging narrative and sentiment from global newspapers. Notably, sources such as newspaper text allow researchers to quantify the elusive concept of narrative, to incorporate text-based features into forecasting frameworks and thus to evaluate the impact of narrative on economic events. Recent years have witnessed a rise in the use of so-called alternative data sources to model and predict dynamics in socio-economic systems. This thesis investigates the impact of news narrative on socio-economic systems across four experiments.

ALTERNATIVE TO NEWSFLOW DRIVERS

examine the drivers of specialisation in agricultural production, connecting countries to their agricultural products via temporal bipartite graphs(Campi et al., 2020). A paper by Piccardi and Tajoli suggests that complex products have a very central position in the global trade graph, resulting in an unbalanced distribution of trade connections between geographies and increased sensitivity to specific shocks that can be quantified using graph analytics(Piccardi and Tajoli, 2018).Guo and Vargo outline that population, trade, cultural proximity, and geographic closeness affect international news attention using a graph of themes and location data from GDELT (Guo and Vargo, 2020).

leverages graph analytics to delineate the time-series aspects of data and liquidity flows in the E-mini S&P stock index futures market, demonstrating strong simultaneous relationships between graph features and financial variables, with the former Granger-causing liquidity metrics such as intertrade duration, and trading volume(Adamic et al., 2017). The implications of these findings for the sub-field of Sino-African media relations, and the study of global news flows are discussed. The analysis also reveals a gap in the prevailing themes in Chinese and African media’s coverage of the pandemic. Xinhua, China Daily) is much less likely to be used by African news organizations, both in English and French speaking countries. Reuters, AFP), content distributed by Chinese media (e.g. By computationally analyzing a corpus of 500,000 written news stories, this paper shows that, compared to other major global players (e.g. This article contributes to this debate by exploring the extent to which news media in 30 African countries relied on Chinese news sources to cover China and the COVID-19 outbreak during the first-half of 2020. Others argue that the impact is rather limited, particularly when it comes to affecting how African media cover China-related stories. Some researchers hold that public opinion toward China in African nations has been improving because of the increased media presence. Previous research on the impact of increased Sino-African mediated engagements has been inconclusive. The size of China’s State-owned media’s operations in Africa has grown significantly since the early 2000s.

Overall, this article advances prior literature by demonstrating that international news flow is multilayered, networked, and possesses systemness and fluidity. In addition, trade volume explains international news flow in several ways. For instance, our results show that economically influential and more populous countries continue to set the world news agenda in reporting international politics, but smaller countries may have the potential to determine how their own countries are portrayed by the outside world. Rationales that drive different dimensions of news flow vary. A network analysis of news coverage from news websites in 67 countries and their interactions in 2015 reveals that structural factors not only predict a country’s international attention – but also its transnational intermedia agenda-setting (IAS) power – the power to influence international discourse. This study examines a networked global media system by discerning what drives international news flow in multiple dimensions.

Alternative to newsflow