An Analysis for Creation of a Trade Block between Selected Middle-East Countries (An Application of Economic Convergence)

Middle East is one of the important regions in the world and this importance is strategic because of matters such as the volume of oil reserves and its production in this region. But there is a visible lack of an intensive Regional Trade Agreement in the region that if existed, could give rise to ec...

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Main Authors: Samira Motaghi, Bahram Sahabi, Afshin Mottaghi, Bijan Safavi
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2012-12-01
Series:Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī
Subjects:
Online Access:https://joer.atu.ac.ir/article_935_42b410fb5dc1b47949dfb02ef08096dd.pdf
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author Samira Motaghi
Bahram Sahabi
Afshin Mottaghi
Bijan Safavi
author_facet Samira Motaghi
Bahram Sahabi
Afshin Mottaghi
Bijan Safavi
author_sort Samira Motaghi
collection DOAJ
description Middle East is one of the important regions in the world and this importance is strategic because of matters such as the volume of oil reserves and its production in this region. But there is a visible lack of an intensive Regional Trade Agreement in the region that if existed, could give rise to economic convergence between the countries of the region. So it seems useful to examine the effects of creating a hypothetical economic agreement in Middle East. For this purpose, this paper is an attempt to analyze the consequences of membership in a regional trade agreement on trade flows between the countries of this region.  The model used is an extended version of the Gravity model and the data was compiled across a number countries in Middle East over 2002-2009. The findings demonstrate that the creation of a Trade Block in Middle East region would be ineffective.
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spelling doaj.art-c257aaf4086949ea91ccbedbba0ed17e2023-12-26T07:58:03ZfasAllameh Tabataba'i University PressFaslnāmah-i Pizhūhish/Nāmah-i Iqtisādī1735-210X2476-64532012-12-011247175196935An Analysis for Creation of a Trade Block between Selected Middle-East Countries (An Application of Economic Convergence)Samira Motaghi0Bahram Sahabi1Afshin Mottaghi2Bijan Safavi3Graduate Student, Department of Economics, Tarbiat Modares UniversityFaculty Member, Department of Economics, Tarbiat Modares University,)Faculty Member, Department of Geography, Kharazmi University,)Faculty Member, Department of Economics, Azad University,)Middle East is one of the important regions in the world and this importance is strategic because of matters such as the volume of oil reserves and its production in this region. But there is a visible lack of an intensive Regional Trade Agreement in the region that if existed, could give rise to economic convergence between the countries of the region. So it seems useful to examine the effects of creating a hypothetical economic agreement in Middle East. For this purpose, this paper is an attempt to analyze the consequences of membership in a regional trade agreement on trade flows between the countries of this region.  The model used is an extended version of the Gravity model and the data was compiled across a number countries in Middle East over 2002-2009. The findings demonstrate that the creation of a Trade Block in Middle East region would be ineffective.https://joer.atu.ac.ir/article_935_42b410fb5dc1b47949dfb02ef08096dd.pdfmiddle eastregional convergencegravity model
spellingShingle Samira Motaghi
Bahram Sahabi
Afshin Mottaghi
Bijan Safavi
An Analysis for Creation of a Trade Block between Selected Middle-East Countries (An Application of Economic Convergence)
Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī
middle east
regional convergence
gravity model
title An Analysis for Creation of a Trade Block between Selected Middle-East Countries (An Application of Economic Convergence)
title_full An Analysis for Creation of a Trade Block between Selected Middle-East Countries (An Application of Economic Convergence)
title_fullStr An Analysis for Creation of a Trade Block between Selected Middle-East Countries (An Application of Economic Convergence)
title_full_unstemmed An Analysis for Creation of a Trade Block between Selected Middle-East Countries (An Application of Economic Convergence)
title_short An Analysis for Creation of a Trade Block between Selected Middle-East Countries (An Application of Economic Convergence)
title_sort analysis for creation of a trade block between selected middle east countries an application of economic convergence
topic middle east
regional convergence
gravity model
url https://joer.atu.ac.ir/article_935_42b410fb5dc1b47949dfb02ef08096dd.pdf
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