153
Views
0
CrossRef citations to date
0
Altmetric
Development Economics

A recursive networking economic analysis of international economic corridors: IMEEC and INSTC

ORCID Icon, ORCID Icon & ORCID Icon
Article: 2363457 | Received 13 Feb 2024, Accepted 29 May 2024, Published online: 26 Jun 2024

References

  • Ahmed, A. (2023). An India–Middle East–Europe corridor is unlikely to boost Saudi–Israel normalization. Accessed on October 21, 2023. https://www.chathamhouse.org/2023/09/india-middle-east-europe-corridor-unlikely-boost-saudi-israel-normalization
  • Aura, J. O., Eli, A. V. T., & Reinaldo, M. (2021). Integrated approaches for logistics network planning: A systematic literature review. International Journal of Production Research, 60(18), 5697–5725. https://doi.org/10.1080/00207543.2021.1963875
  • Avanish, K. D. (1990). Optimization in economic theory. Oxford University Press.
  • Azmi, S. N., Khan, K. H., & Koch, H. (2024). Assessing the effect of INSTC on India’s trade with Eurasia: An application of gravity model. Cogent Economics & Finance, 12(1), 2313899. https://doi.org/10.1080/23322039.2024.2313899
  • BBC News. (2021). China overtakes US as EU's biggest trading partner. Accessed on October 21, 2023. https://www.bbc.com/news/business-56093378.
  • Bergstrand, J. H. (2019). Understanding globalization through the lens of gravity. World Scientific Publishing.
  • Black, M., Ebener, S., Aguilar, P. N., Vidaurre, M., & El Morjani, Z. (2004). Using GIS to measure physical accessibility to health care (p. 34). World Health Organization.
  • Blank, L., & Anthony, T. (2012). Engineering economy (7th ed.). McGraw-Hill.
  • Cai, M. (2021). Doubly constrained gravity models for interregional trade estimation. Papers in Regional Science, 100(2), 455–475. https://doi.org/10.1111/pirs.12581
  • Cao, S., Meh, C. A., Ríos-Rull, J. V., & Terajima, Y. (2021). The welfare cost of inflation revisited: The role of financial innovation and household heterogeneity. Journal of Monetary Economics, 118, 366–380. https://doi.org/10.1016/j.jmoneco.2020.11.004
  • David, P., Atkinson, G., & Mouato, S. (2018). Cost-benefit analysis and the environment: Further developments and policy use. OECD Publishing. https://doi.org/10.1787/9789264085169-en
  • Dean, C. (1993). Money in the utility function: Functional equivalence to a shopping-time model. Journal of Macroeconomics, 15(1), 175–182. https://doi.org/10.1016/0164-0704(93)90060-Y
  • Emadzadeh, M., Bastanifar, I., & Ebrahimi, S. (2007). Investigating and predicting simultaneous environmental-economic effects of projects (The case of Isfahan Science and Technology town. Quarterly Journal of Economics Review, 51–73.
  • Evgeny, Y., V., Ahunbaev, A., & Zaboev, A. I. (2022). International North–South transport corridor: Boosting Russia’s “pivot to the South” and trans-Eurasian connectivity. Russian Journal of Economics, 8(2), 159–173. https://doi.org/10.32609/j.ruje.8.86617
  • Jamagidze, L. (2022). Georgia-Romania economic cooperation and the new regional challenges. EURINT, 9(1), 133–150.
  • Jin, Y., Echenique, M., & Hargreaves, A. (2013). A recursive spatial equilibrium model for planning large-scale urban change. Environment and Planning B: Planning and Design, 40(6), 1027–1050. https://doi.org/10.1068/b39134
  • Jones, S. G., Ashby, A. J., Momin, S. R., & Naidoo, A. (2010). Spatial implications associated with using Euclidean distance measurements and geographic centroid imputation in health care research. Health Services Research, 45(1), 316–327. https://doi.org/10.1111/j.1475-6773.2009.01044.x
  • Khan, K. H., & Koch, H. (2024). INSTC and chabahar port’: An introduction. India’s Economic Corridor Initiatives. (pp. 3–19). Routledge.
  • Khan, K. H., Bastanifar, I., Omidi, A., & Khan, Z. (2024). Integrating gravity models and network analysis in logistical strategic planning: A case of the India Middle-East Europe Economic Corridor (IMEC). Maritime Economics & Logistics, 1–36. https://doi.org/10.1057/s41278-024-00289-x
  • Khan, Z., Khan, K. H., & Koch, H. (2023). Aggregating an economic model and GIS to explore trade potentials of India-Caspian countries and a way forward for INSTC. Research in Globalization, 7, 100154. https://doi.org/10.1016/j.resglo.2023.100154
  • Kunaka, C., & Carruthers, R. (2014). Evaluating the economic impact of a corridor. World Bank. https://doi.org/10.1596/978-1-4648-0143-3_module13
  • Kuroda, H., Kawai, M., & Nangia, R. (2007). Infrastructure and regional cooperation (No. 76). ADBI Discussion Paper.
  • Ljungqvist, L., & Sargent, T. J. (2018). Recursive macroeconomic theory. MIT Press.
  • Lucas, R. E. Jr, (1976, January). Econometric policy evaluation: A critique [Paper presentation]. Carnegie-Rochester Conference Series on Public Policy (Vol. 1, pp. 19–46). North-Holland. https://doi.org/10.1016/S0167-2231(76)80003-6
  • Lucas, R. E. Jr, (2000). Inflation and welfare. Econometrica, 68(2), 247–274. https://doi.org/10.1111/1468-0262.00109
  • Milton, F. (1969). The optimum quantity of money. The optimum quantity of money and other essays. Aldine.
  • Nasir, Z. M., Shah, S. Z. A., & Ahmed, H. (2016). Cost and benefit analysis of the four routs of China Pakistan Economic Corridor (CPEC). The Pakistan Development Review, 553–559.
  • Noorali, H., & Ahmadi, S. A. (2022). Iran’s new geopolitics: heartland of the world’s corridors. GeoJournal, 88(2), 1889–1904. https://doi.org/10.1007/s10708-022-10727-z
  • Onifade, S. T., Erdoğan, S., Alagöz, M., & Bekun, F. V. (2021). Renewables as a pathway to environmental sustainability targets in the era of trade liberalization: Empirical evidence from Turkey and the Caspian countries. Environmental Science and Pollution Research, 28(31), 41663–41674. https://doi.org/10.1007/s11356-021-13684-1
  • Quium, A. A. (2019). Transport corridors for wider socio–economic development. Sustainability, 11(19), 5248. https://doi.org/10.3390/su11195248
  • Sabena, S. (2023). Can Iran balance dependence on China with economic openness on India? Al –Monitor. Accessed on September 2023. https://www.al-monitor.com/originals/2023/07/can-iran-balance-dependence-china-economic-openness-india.
  • Saidi, S., Mani, V., Mefteh, H., Shahbaz, M., & Akhtar, P. (2020). Dynamic linkages between transport, logistics, foreign direct Investment, and economic growth: Empirical evidence from developing countries. Transportation Research Part A: Policy and Practice, 141, 277–293. https://doi.org/10.1016/j.tra.2020.09.020
  • Stanojević, N., & Jovancai, A. (2015). Diversification of Serbia’s export markets-potentials for export to the countries of Caspian Basin. Economic Themes, 53(2), 278–297. https://doi.org/10.1515/ethemes-2015-0016
  • Stokey, N. L., Lucas, R. E., & Prescott, E. C. (1989). Recursive methods in economic dynamics. Harvard University Press.
  • Tabellini, G. (2005). Finn Kydland and Edward Prescott’s contribution to the theory of macroeconomic policy. The Scandinavian Journal of Economics, 107(2), 203–216. https://doi.org/10.1111/j.1467-9442.2005.00404.x
  • TRT World. (2023). US, India, Arab nations, EU agree on rail, ports deal. Accessed on October 21, https://www.trtworld.com/business/us-india-arab-nations-eu-agree-on-rail-ports-deal-14898763.
  • Venables, A. J. (2007). Comment on ‘infrastructure and regional cooperation’, by Haruhiko Kuroda, Masahiro Kawai, and Rita Nangia. Rethinking infrastructure for development. World Bank.
  • Walsh, C. E. (2017). Monetary theory and policy. MIT Press.
  • Wilson, A. G. (1970). Inter‐regional commodity flows: Entropy maximizing approaches. Geographical Analysis, 2(3), 255–282. https://doi.org/10.1111/j.1538-4632.1970.tb00859.x
  • Wilson, A. G. (1967). A statistical theory of spatial distribution models. Transportation Research, 1(3), 253–269. https://doi.org/10.1016/0041-1647(67)90035-4
  • Yoon, S., Yoon, S. E., Lee, U., & Shim, D. H. (2015). Recursive path planning using reduced states for car-like vehicles on grid maps. IEEE Transactions on Intelligent Transportation Systems, 16(5), 2797–2813. https://doi.org/10.1109/TITS.2015.2422991