Maryam Ramezani; Yeganeh Mousavi Jahromi; Mojgan Moallemy; Ali Reza Sharif Moghadasi
Abstract
Economic vulnerability, is a country’s structural feature, making it exposed by out-of-control economic exogenous variables.On the other hand, resilience stems from how macroeconomic policies are adopted.The purpose of this article is to analyze the relationship between sustainable development, ...
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Economic vulnerability, is a country’s structural feature, making it exposed by out-of-control economic exogenous variables.On the other hand, resilience stems from how macroeconomic policies are adopted.The purpose of this article is to analyze the relationship between sustainable development, vulnerability and resilience in the Iran's economy in the time period of 1391-1398.In this way, sustainable development consists of 5 Dimensions: Economic, Social, Environmental, Governance, Peripheral and also includes 44 variables as a sub-indicator of each development's dimension. It uses graph theory and Tarjan Algorithm for study the network structure of relationships between variables. The Algorithm identifies34 variables as the fundamental variables affecting economic resilience and vulnerability and introduces economic and governance Dimensions as control (major) Dimensions; Social, Environmental and Peripheral Dimensions as Contingent (minor) Dimensions.The results show that weakness of Iran's economy in this period was due to vulnerability and resilience in governance and economy Dimensions.Among the contingent Dimensions, the Peripheral dimension has the worst situation in terms of vulnerability and resilience.The innovation of this research is in studying the Dimensions of sustainable development and its effect on vulnerability and resilience, moreover graph theory has been used in order to study the influential variables for the first time in Iran. In this algorithm, without limiting the number of input variables, the phenomenon can be analyzed comprehensively. furthermore, a holistic table has been prepared, by focusing on the variables affecting the state of vulnerability and resilience in the theoretical foundations of the subject, that has not been shown in any other studies.
Dynamic Panel Data
Abdolali Monsef; Mozhgan Moalemi; Jahangir Biyabani; Mehdi Nejati; javad Taherizadeh
Abstract
If happiness is a good feature of society and development is considered as a gradual movement towards good society, happiness can be one of the goals of developmental policies. In the field of happiness economics, the focus of studies is on analyzing the impact of various economic factors on happiness. ...
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If happiness is a good feature of society and development is considered as a gradual movement towards good society, happiness can be one of the goals of developmental policies. In the field of happiness economics, the focus of studies is on analyzing the impact of various economic factors on happiness. But so far, no study has investigated the effect of economic variables on happiness with the panel threshold regression models. In the present study, the effect of eight variables on happiness using panel data for 100 countries in the period 2005 to 2016 in three scenarios was investigated using panel threshold regression method. The results of the research show that the happiness relationship with per capita income, health, consumption, government expenditures and economic freedom is positive and there is a negative relationship between happiness and income inequality, inflation and unemployment. In each scenario, only a threshold value was detected. Consumption expenditures and economic freedom have a positive effect on happiness, and the size of this effect increases with increasing per capita income (threshold variable). Per capita income has a positive effect on happiness, but with increasing income inequality (threshold variable), the effect of per capita income will decrease. It seems, therefore, that the formulation of appropriate policies to reduce income inequality can lead to more social happiness for the society, which will result in increased productivity and economic growth.
Mozhgan Moallemi
Abstract
The economic vulnerability of some countries stems from the fact that their economies are largely influenced by forces outside their control. Areas that are most affected by economic shocks should promote the position of a resilient economy in their policies. This paper tries to examine the impact of ...
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The economic vulnerability of some countries stems from the fact that their economies are largely influenced by forces outside their control. Areas that are most affected by economic shocks should promote the position of a resilient economy in their policies. This paper tries to examine the impact of economic vulnerability on the development index of MENA countries in the 1995-2015 period using the econometric method and panel data approach. The results of the study indicate a negative and significant relationship between economic vulnerability and development index in the target countries. The innovation of this study is to calculate the impact of economic vulnerability in different countries. Iran is ranked sixth in terms of the fragility of the economy against economic shocks. Countries that are ranked worse are often those countries that either face political instability (domestic wars) or have a strong dependence on oil revenues. In this way, policies such as reducing dependence on oil revenues and paying attention to political stability are introduced as tools for controlling and strengthening the economy against external economic shocks.
