Investigating the Economic Resilience of Iran's Agriculture sector

Document Type : Research Paper

Authors

• Reza Shakeri Bostanabad ¹
• Mohammad reza Mahdiar Esmaeli ²
• Mohsen Salehi Komrudi ³

¹ Department of Agricultural Economics, University of Tehran, Tehran, Iran.

² Department of Economics, Institute of Management and Planning, Imam Hossein University, Tehran, Iran

³ Department of Agricultural Economics, University of Tabriz, Tabriz, Iran.

10.30495/jae.2021.20982.2000

Abstract

Introduction: Economic resilience is one of the important components of the resistance economy. Especially in terms of economic sanctions and given the importance of the agricultural sector in food security, the economic resilience of this sector becomes more important. The purpose of this study is to investigate the economic resilience of Iran's agricultural sector during the years 2000-2015.
Materials and Methods: For this purpose, the indicators of the concentration of export markets, export concentration, openness of the economy, output ratio of agricultural sector to intermediate consumption, income instability of agricultural sector, self-sufficiency coefficient, human development index and good governance indicators were used. To generate the combined index of economic viability of agricultural sector, methods of TOPSIS, taxonomy, weight taxonomy and weighted average were used and their results were compared by using coefficient of variation, correlation coefficient and Spearman-Shannon index.
Findings: Based on the results, the economic Resilience of the agricultural sector has decreased during the study period and the index of instability of agricultural income, export concentration, corruption control and market efficiency are most important in determining the economic resilience of this sector.
Conclusion: Therefore, risk management methods such as agricultural income diversification, agricultural insurance, the diversification of export targets, the expansion of target markets, diversification into commodity exports, stability of policies and macroeconomic stability should be further emphasized on the agenda of policy makers in this sector.

Keywords

• Economic Resilience
• Iran's Agriculture sector
• Combined index
• Multi-Criteria Analysis Method
• Spearman-Shannon index

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