A new knowledge discovery approach for mining business trade barriers

Abstract

Cross-border trade barriers introduced by national authorities to protect local business and labor force cause substantial damage to international economical actors. Therefore, identifying such barriers beyond regulator’s audit reporting is of paramount importance. This paper contributes towards this goal by proposing a novel approach that uses natural language processing and deep learning method for uncovering Finnish-Russian trade barriers in the fish industry from selected business discussion forums. Especially, the approach makes use i) a three-leg ontology for data collection, ii) a BERT architecture for mapping Onkivisit-Shaw-Kananen trade barrier ontology to negative polarity posts and, iii) a new reverse-engineering clustering approach to identify the causes of individual trade-barrier types. A comparison with official statistical reports has been carried out to identify the salient aspects of trade-barriers that hold regardless of the time difference. The findings reveal the dominance of the Time-length barrier type in the Finnish discussion forum dataset and import vs export tariff discrepancy and product requirement barrier types in the Russian forum dataset. The developed framework can serve as a tool to assist companies or regulators in providing business-related recommendations to overcome the detected trade barriers.