A Dynamic Economic Resilience Model: A Case Study of a Regional Integration Organization in Eurasia

• 발행기관: 세종대학교 경제통합연구소
• 저자명: Iman Bastanifar Asma Shirkhani
• 간행물 정보: 『Journal of Economic Integration』제40권 제1호, 157~179쪽, 전체 23쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2025.03.01

국문 초록

In recent years, sanctions, the Covid-19 pandemic, and military conflicts among countries, have underscored the significance of economic resilience in the push towards globalization through joint cooperation between countries. This research aims to measure the economic resilience index for the period 2000-2021, with a focus on the countries of the Shanghai Cooperation Organization. Additionally, the study investigates the impact of trade, production capacities, financial development, and the distance between the capital of each country and China's capital on the economic resilience index. The findings indicate that India has the highest average resilience at 63.2, while Pakistan has the lowest at 28.1. The results of fully modified, dynamic and robust ordinary least squares panel show that the economic resilience can be improved through increased production capacity, trade, and financial development. However, it decreases with an increase in the distance of trade. Therefore, international transport corridors should not be taken for granted.

목차

I. Introduction

II. Literature Review

III. Empirical Model and Variables

IV. Results and Discussion

References

키워드

Economic Resilience Productive Capacities Trade Financial Development, Distance, SCO