Research Article
The Role of the United States in the Relation between Iran and China as Two Key Members of the Asian Global Supply Chain
Table 3
The variables used in the model.
| | Variables | Explanation | Unit of measurement |
| | Year | Year | Discrete | | EXPIRN | China’s export to Iran | Constant 2010 USD | | LEXPIRN | Natural logarithm of China’s export to Iran | Continuous | | IMPIRN | China’s imports from Iran | Constant 2010 USD | | LIMPIRN | Natural logarithm of China’s import from Iran | Continuous | | GDPIRN | GDP of Iran | Constant 2015 USD | | LGDPIRN | Natural logarithm of GDP of Iran | Continuous | | GDPCHN | GDP of China | Constant 2015 USD | | LGDPCHN | Natural logarithm of GDP of China | Continuous | | JCPOA | The signature of the JCPOA (0 for before 2015 and 1 for after) | Dummy | | MPP | The US leaving the JCPOA (0 for before 2017 and 1 for after) | Dummy | | INFIRN | Inflation rate in Iran | Continuous | | INFCHN | Inflation rate in China | Continuous | | RIALUSD | Value of one Iranian Rial in USDs | USDs | | YUANUSD | Value of one Chinese Yuan in USDs | USDs | | OILPRICE | The price of each barrel of oil from Iran | USDs |
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