Development of Trade Communication of Iran with Selected Countries

The present study aimed to determine the trade potential of Iran with 13 countries that have made up the largest volume of foreign trade in the last decade. For this purpose, we have utilized the generalized gravity model and multivariate regression technique with panel data is used to estimate it....

Full description

Bibliographic Details
Main Authors: Hamidreza Alipour, Leila Gholamipour
Format: Article
Language:English
Published: University Library System, University of Pittsburgh 2017-01-01
Series:Emerging Markets Journal
Subjects:
Online Access:http://emaj.pitt.edu/ojs/index.php/emaj/article/view/105
Description
Summary:The present study aimed to determine the trade potential of Iran with 13 countries that have made up the largest volume of foreign trade in the last decade. For this purpose, we have utilized the generalized gravity model and multivariate regression technique with panel data is used to estimate it. The results show that the most important variables affecting the trading volume of Iran are gross domestic product per capita and population, and that geographical distance variable had insignificant impact. On the other hand, the most trade gap of Iran is attributed to Turkey and the United Kingdom and the minimum gap is related to Afghanistan.
ISSN:2159-242X
2158-8708