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Analysis of Iran and its partners in West Asias trade position based on weighted trade network indicators

Author

Listed:
  • Rafat, Monireh

    (Associate Professor, Department of Economics, University of Isfahan)

Abstract

Economic integration theories usually emphasize the interdependence of countries in the trade. However, due to the dependence of developing countries on economic relations with other regions, review the WTN system as a complex network seem necessary. Network analysis can show the status of countries in the international trade network. This paper exploits recently-developed indicators based on network analysis to investigate the pattern of international trade pattern followed by Iran and its western Asian partner. The results of this study showed that west Asian countries, have had a greater increase in the number (and volume), of trade partners. Based on the centrality, it was found that only Emirates has been at the core of global trade network. Kuwait is in the inner-periphery and other countries and Iran have also taken place outside of the global trade network

Suggested Citation

  • Rafat, Monireh, 2021. "Analysis of Iran and its partners in West Asias trade position based on weighted trade network indicators," Quarterly Journal of Applied Theories of Economics, Faculty of Economics, Management and Business, University of Tabriz, vol. 8(1), pages 145-164, June.
    • Handle: RePEc:ris:qjatoe:0221
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    File URL: https://ecoj.tabrizu.ac.ir/article_12699_5421d8b462feacbf643c0703bcbec25f.pdf
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    More about this item

    Keywords

    Networking analysis; global trade network; trade structure;
    All these keywords.

    JEL classification:

    • D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F10 - International Economics - - Trade - - - General
    • F15 - International Economics - - Trade - - - Economic Integration

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