The Effect of Sustainable Development Dimensions on Vulnerability and Resilience of Iran's Economy by Using Graph Theory

Ramezani, Maryam; Mousavi Jahromi, Yeganeh; Moallemy, Mojgan; Sharif Moghadasi, Ali Reza

doi:10.30473/egdr.2021.57046.6112

Document Type : ORIGINAL ARTICLE

Authors

¹ Ph.D. Student of Economics, Payame Noor University. Tehran. Iran

² Professor, Faculty of Economics, Payame Noor University. Tehran. Iran

³ Assistant Professor, Faculty of Economics, Payame Noor University. Tehran. Iran

https://doi.org/10.30473/egdr.2021.57046.6112

Abstract

Economic vulnerability, is a country’s structural feature, making it exposed by out-of-control economic exogenous variables.On the other hand, resilience stems from how macroeconomic policies are adopted.The purpose of this article is to analyze the relationship between sustainable development, vulnerability and resilience in the Iran's economy in the time period of 1391-1398.In this way, sustainable development consists of 5 Dimensions: Economic, Social, Environmental, Governance, Peripheral and also includes 44 variables as a sub-indicator of each development's dimension. It uses graph theory and Tarjan Algorithm for study the network structure of relationships between variables. The Algorithm identifies34 variables as the fundamental variables affecting economic resilience and vulnerability and introduces economic and governance Dimensions as control (major) Dimensions; Social, Environmental and Peripheral Dimensions as Contingent (minor) Dimensions.The results show that weakness of Iran's economy in this period was due to vulnerability and resilience in governance and economy Dimensions.Among the contingent Dimensions, the Peripheral dimension has the worst situation in terms of vulnerability and resilience.The innovation of this research is in studying the Dimensions of sustainable development and its effect on vulnerability and resilience, moreover graph theory has been used in order to study the influential variables for the first time in Iran. In this algorithm, without limiting the number of input variables, the phenomenon can be analyzed comprehensively. furthermore, a holistic table has been prepared, by focusing on the variables affecting the state of vulnerability and resilience in the theoretical foundations of the subject, that has not been shown in any other studies.

Keywords

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Economic Growth and Development Research

The Effect of Sustainable Development Dimensions on Vulnerability and Resilience of Iran's Economy by Using Graph Theory

References

References

Volume 12, Issue 47
June 2022
Pages 15-36

The Effect of Sustainable Development Dimensions on Vulnerability and Resilience of Iran's Economy by Using Graph Theory

References

References

Volume 12, Issue 47June 2022Pages 15-36

Volume 12, Issue 47
June 2022
Pages 15-36