• Home
  • Major Trading Partners
    • List of Articles Major Trading Partners

      • Open Access Article

        1 - Spillover Effects of Trade and Exchange Rates Shocks from Iran`s Major Trading Partners: GVAR approach
        Aziz Saki Seyed Aziz Arman hasan farazmand
        This article deals with how trade and exchange rates shocks of major trading partners affect the Iranian economy. For this purpose, quarterly data of 10 major Iranian trading countries, including Brazil, China, Germany, India, Italy, Korea, Turkey, Russia, UAE and Switz More
        This article deals with how trade and exchange rates shocks of major trading partners affect the Iranian economy. For this purpose, quarterly data of 10 major Iranian trading countries, including Brazil, China, Germany, India, Italy, Korea, Turkey, Russia, UAE and Switzerland during the period 1996 to 2019 has been used. Econometric parameters has been estimated by Global Vector Autoregressive approach.The modeling results show that the increase in the real exchange rate in Brazil, in some cases, increases the real exchange rate in Iran. Rising real exchange rate in China first reduces and then increases the real exchange rate in Iran. In addition, Increasing China's trade increases the level of Iran's trade. According to the results, when Iran's imports from a country are higher, it is more affected by exchange rate shocks in that country, which can be seen in response to real exchange rate shocks in China. Manuscript profile