International Commerce
Farzaneh Ahmadian Yazdi; Mostafa Salimifar; Mohammad Taher Ahmadi Shadmehri
Volume 5, Issue 20 , August 2015, , Pages 30-11
Abstract
This paper investigates the effects of trade liberalization and economic growth on non-oil bilateral trade balance of Iran and China over the period 1981-2012. For checking the stationarity of the variables and validity of the obtained results, the Augmented Dicky-Fuller test (ADF) and Perrone structural ...
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This paper investigates the effects of trade liberalization and economic growth on non-oil bilateral trade balance of Iran and China over the period 1981-2012. For checking the stationarity of the variables and validity of the obtained results, the Augmented Dicky-Fuller test (ADF) and Perrone structural break test is employed respectively. To estimate the coefficients of the variables, ARDL model has been used. Using the framework of Oskooee and Brooks model, the findings of this paper show that increasing trade liberalization in short run and long run causes trade deficit for Iran. It means that from the view of demand side economists, higher trade liberalization deteriorates the trade balance of the country. Also, based on the obtained results, economic growth in both short run and long run has negative effect on non-oil bilateral trade balance of Iran and China. In addition, the real exchange rate has positive effect on the trade balance of Iran. It means that depreciation of national currency improves trade balance of Iran.
Ghasem Ahmadi; Mahdi Khodaparast Mashhadi; Mostafa Salimifar
Volume 3, Issue 10 , June 2013, , Pages 116-107
Abstract
Considering statistical data during 1981-2007 in Iran’s economy shows some co-movements between per capita wage and productivity indices, but does not explain which one can explain productivity improvements. Whether productivity increase is the result of wage increase, or its increase have caused ...
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Considering statistical data during 1981-2007 in Iran’s economy shows some co-movements between per capita wage and productivity indices, but does not explain which one can explain productivity improvements. Whether productivity increase is the result of wage increase, or its increase have caused wage increase, or we can not explain their relationship in causal relationship. Since productivity increase is very important in developing economies, we reviewd related literature, and finally we used Gewek’s econometric model for comparing traditional and modern theories for industrial sector of Iran’s economy, to see which theory is more applicable. Results indicate both wage productivity theories are statistically significant in industrial sector of Iran’s economy, but modern wage-productivity theory is more applicable when compared with traditional one.
