Sectoral Growth and Centrality in Stock Market in Iran: Application of Complex Network Analysis

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

ESMAEILPOUR MOGHADAM HADI; MOHAMMADI TEYMOUR; FEGHHI KASHANI MOHAMMAD; SHAKERI ABBAS

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: Journal of Economic Research and Policies Year:2019 | Volume:27 | Issue:90 Page(s): 313-341

Download Full-Text

Persian Verion

View:

516

Download:

Cites:

Information Journal Paper

Title

Sectoral Growth and Centrality in Stock Market in Iran: Application of Complex Network Analysis

Author(s)

ESMAEILPOUR MOGHADAM HADI | MOHAMMADI TEYMOUR | FEGHHI KASHANI MOHAMMAD | SHAKERI ABBAS | Issue Writer Certificate

Keywords

Stock marketQ2

Complex networkQ1

Sectoral growthQ3

CentralityQ1

Abstract

Stock price and its changes which reflect the individuals’ investment decisions in economic environment are the most important factors in evaluating the economic value of a company in Stock market. Stock price changes are not independent of each other. Therefore, study of the correlation between stock price changes provides a better understanding of market performance for investors. Analysis of the Stock market based on Complex networks makes it possible to study the correlation of stock prices. In this paper, using the Stock market data in Tehran Stock Exchange, Iran's Stock market network is created by the threshold method, then the structural characteristics of the network are examined and the stock Centrality is calculated. By examining the criterion of the stock Centrality in the network and ranking industries based on it, results show that the industries producing chemical products with a relatively higher value added ratio have the highest degree of Centrality among other industries. In addition, major economic sectors with more growth are relatively more centralized. Hence, if the industry has more growth, the relationship between its stocks may be stronger and more centralized. In other words, Sectoral growth in Iran economy can reflect in Centrality or relationship between stocks in that sector. These analyses provide a more in-depth insight into the structure of the Stock market.

Cites

No record.

References

No record.

Cite

APA: Copy

ESMAEILPOUR MOGHADAM, HADI, MOHAMMADI, TEYMOUR, FEGHHI KASHANI, MOHAMMAD, & SHAKERI, ABBAS. (2019). Sectoral Growth and Centrality in Stock Market in Iran: Application of Complex Network Analysis. JOURNAL OF ECONOMIC RESEARCH AND POLICIES, 27(90 ), 313-341. SID. https://sid.ir/paper/360065/en

Vancouver: Copy

ESMAEILPOUR MOGHADAM HADI, MOHAMMADI TEYMOUR, FEGHHI KASHANI MOHAMMAD, SHAKERI ABBAS. Sectoral Growth and Centrality in Stock Market in Iran: Application of Complex Network Analysis. JOURNAL OF ECONOMIC RESEARCH AND POLICIES[Internet]. 2019;27(90 ):313-341. Available from: https://sid.ir/paper/360065/en

IEEE: Copy

HADI ESMAEILPOUR MOGHADAM, TEYMOUR MOHAMMADI, MOHAMMAD FEGHHI KASHANI, and ABBAS SHAKERI, “Sectoral Growth and Centrality in Stock Market in Iran: Application of Complex Network Analysis,” JOURNAL OF ECONOMIC RESEARCH AND POLICIES, vol. 27, no. 90 , pp. 313–341, 2019, [Online]. Available: https://sid.ir/paper/360065/en

Related Journal Papers