Seyyed ali Islaminezhad; Asqhar Abolhasani Hastiani; abdolali monsef; Kamran Nadri
Abstract
From the point of view of scholars in economics, privatization is not only considered as a tool for restructuring the economy and increasing competition, but also an essential base for economic growth and development. According to that, the first and most important goal of privatization program in the ...
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From the point of view of scholars in economics, privatization is not only considered as a tool for restructuring the economy and increasing competition, but also an essential base for economic growth and development. According to that, the first and most important goal of privatization program in the General Policies of Principle (44) of the constitution,Law is to increase the economic growth. However, most studies have assessed the effects of privatization just on micro variables in economy, and only a few of them are focused on macro objectives such as economic growth. In this regard and due to uncertainties in the rate of achievement of this goal, as the result of the implementation of the mentioned program, this study is focused on evaluation of the privatization effect on economic growth of the country for the period 1991-2017. For this purpose, the human capital model and also the fully modified least squares (FMOLS) has been used. This method does not have the limitations of the ARDL method, such as the synchronization and exogenous variables and the resulting errors in estimation, which has been used in previous studies. In this study, privatization variable is considered as income from the transferring. Estimating the model and performing statistical tests, findings show that the impact of privatization on economic growth is positive and significant during the mentioned period.
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.
