Measurement the Vulnerability of Iran's Economic Sectors Due to Crude Oil Export Sanctions: A Composite Index Based on the Input-Output Model
Ali Faridzad (),
Ali Asghar Banouei () and
Mahsa Goodarzi ()
Additional contact information
Ali Faridzad: Associate Professor of Energy Economics, Allameh Tabataba’i University
Ali Asghar Banouei: Professor of Economics, Allameh Tabataba’i University
Mahsa Goodarzi: Master of Economics, Allameh Tabataba’i University
Quarterly Journal of Applied Theories of Economics, 2021, vol. 8, issue 2, 35-74
The embargo on Iran's oil exports in recent years is one of the most important problems that, with the economy under special conditions, has led to economic vulnerability and inefficiency of the economic sectors directly and indirectly. In this study, with employing a composite index based on three components according to the input-output approach, the vulnerability of Iran's economic sectors in 2011 has been measured. The first component is built based on Inoperability Input-Output model and the second one is made according to the Net Multipliers of Diatzenbacher (2005). The results show that among the 26 evaluated sections, "Coke and oil refining products", "Electricity" and "Manufacture of glass and glass products" have the lowest vulnerability and highest priority, respectively. From a 70% reduction in exports of crude oil and natural gas for investment, as well as sectors "wholesale and retail, repair of vehicles and goods", "transportation" and "extraction of crude oil and natural gas" have encountered the highest level of vulnerability and consequently the lowest priority
Keywords: Vulnerability; Input-Output; Inoperability Input-Output Model; Key Sector; Inefficiency; Oil Sanctions (search for similar items in EconPapers)
JEL-codes: C67 H54 O11 O21 Q34 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
https://ecoj.tabrizu.ac.ir/article_13354_75bae35e320ff7b1f7e47a570b5e5179.pdf Full text (text/html)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ris:qjatoe:0227
Access Statistics for this article
Quarterly Journal of Applied Theories of Economics is currently edited by Sakineh Sojoodi
More articles in Quarterly Journal of Applied Theories of Economics from Faculty of Economics, Management and Business, University of Tabriz Contact information at EDIRC.
Bibliographic data for series maintained by Sakineh Sojoodi ().