Economic Growth
aliasghar baharloo; Syed Abdulmajid Jalaee Esfandabadi; Mohsen Zayandeh Roodi
Abstract
Considering the role of capital as one of the most important factors which can affect production, job creation, and productive activities, this study was an attempt to investigate factors which can influence investment and the way they do so. To this end, this study benefitted from a dynamic computable ...
Read More
Considering the role of capital as one of the most important factors which can affect production, job creation, and productive activities, this study was an attempt to investigate factors which can influence investment and the way they do so. To this end, this study benefitted from a dynamic computable general equilibrium model approach to simulate the effects of technology spillovers on economic and welfare variables involved in the investment of Iranian private sector in the country's economy. Accordingly, the study focused on changes in the production index of different economic sectors of Iran and changes in the consumption and price levels in the form of four different scenarios, namely doubling foreign direct investment, improving productivity through technology spillovers by using a coefficient of 0.0062, increasing import of capital and intermediate goods by 20%, and simultaneous application of the aforementioned three scenarios by using the 2013 Social Accounting Matrix for Iran. the results revealed, application of the first scenario can lead to an increase in the level of private sector investment in all the 14 sectors of Iran's economy and cause production growth. Moreover, application of the third scenario can cause the investment level of private sector to decrease. Finally, consideration of the fourth scenario, as compared to the other three scenarios, can be accompanied by a more considerable increase in the levels of production, private sector investment, household consumption, export, import, and thus households' welfare.
mina saber; reza zeinalzadeh; Seyd Abdolmajid Jalaee Esfanadadi; mohsen Zayanderoody
Abstract
The impacts of shocks generated by macroeconomic growth scenarios (2 percent, 5 percent, and 10%) on the overall welfare index in Iran were explored in this study. The essential data were gathered from the social accounting matrix of 2011, the Central Bank, and the data-output table of 2016, and the ...
Read More
The impacts of shocks generated by macroeconomic growth scenarios (2 percent, 5 percent, and 10%) on the overall welfare index in Iran were explored in this study. The essential data were gathered from the social accounting matrix of 2011, the Central Bank, and the data-output table of 2016, and the new recursive dynamic computable general equilibrium (RDCGE) model was employed for data analysis.The findings revealed that real GDP shocks of up to 2.66 percent result in an increase in Iran's social welfare index. Because growing real GDP through boosting economic capacity raises individual income in society and creates the circumstances for household well-being to improve. Furthermore, productivity shocks of total inputs of production of up to 1.55 percent raise the social welfare index. Because improving total factor productivity has resulted in a rise in output, which has a direct influence on household consumption owing to greater income and promotes economic well-being. Furthermore, the short-term reaction of the social welfare index to oil income shocks is a maximum of 0.81 percent. Because, on the one hand, more oil revenues contribute to increased economic growth, but on the other hand, they lead to the establishment of the Dutch illness. Finally, the data revealed that among the factors analysed, shock due to real GDP growth, shock due to total productivity growth, and shock due to oil revenue increase had the greatest influence on total wellfare.
Monetary policy
Seyyed Abdolmajid Jalaee Esfand Abadi; Nasim Iranmanesh
Abstract
This study investigates the impact of monetary policy and supply side policy on value added of economic sectors of Iran separately (agriculture, services, industry and mining) during 1974- 2018 in short run and long run. The econometric model used in this study is Autoregressive Distributed Lag (ARDL) ...
Read More
This study investigates the impact of monetary policy and supply side policy on value added of economic sectors of Iran separately (agriculture, services, industry and mining) during 1974- 2018 in short run and long run. The econometric model used in this study is Autoregressive Distributed Lag (ARDL) model. The results show that monetary policy has three different effects on the three economic sectors. In the short run. monetary policy is able to increase the value added of the two sectors of agriculture and services, but in the long run it can only increase the value added of the services sector and have no effect on the value added of agricultural sector, while the application of monetary policy, In short run and long run, has a negative impact on the value added of the industry. In contrast, the impact of the supply side policy in all three sectors and in both short and long run is positive, significant and tangible.
توسعه مالی
Hamidreza Horri; seyed jalal; seyed jalla; Simin Sadat Mirhashemi
Volume 8, Issue 30 , April 2018, , Pages 83-100
Abstract
The level of GDP and its growth rate are the most important performance indices in macroeconomics. Therefore, investigation of the effective factors on economic growth is especially significant and one of the most important issues in the field of macroeconomics. The review of literature related to economic ...
Read More
The level of GDP and its growth rate are the most important performance indices in macroeconomics. Therefore, investigation of the effective factors on economic growth is especially significant and one of the most important issues in the field of macroeconomics. The review of literature related to economic growth, showed that granularity in banking is one of the effective factors on economic growth. This paper has studied the simultaneous effects of trade openness and granularity in banking on Iran’s economic growth. Generalized Method of Moments has been used to test the hypotheses. The data has been used in this research is Iran macroeconomics data and data related to Iran Banking network in the years 2001-2012. As expected, The results show that bank granular residual variable and simultaneous effect variable of trade openness and bank granular residual have a negative and significant effect on Iran’s economic growth.
Energy
Shokooh Mahmoodi; seyed abdolmajid jalaee esfand abadi
Volume 7, Issue 28 , September 2017, , Pages 127-140
Abstract
In this research the effect of energy intensity shocks on energy use of three sectors of economy is studied through input-output table and the dependence of every following section on energy section is computed by calculating forward linkage index of energy sector with each following section. The results ...
Read More
In this research the effect of energy intensity shocks on energy use of three sectors of economy is studied through input-output table and the dependence of every following section on energy section is computed by calculating forward linkage index of energy sector with each following section. The results show that industy sector has most dependence on energy sector and provide 3% of it’s input from energy sector and after that services and agriculture sectors provide 1.3 and 1.2 percent of their input from energy sector. The coefficients of sensitivity and Power of Dispersion Index of energy sector associated with the agricultural sector indicate that the impact of energy sector on the agricultural sector is greater than the influence of this sector from agricultural sector. By calculating energy intensity shock and considering it’s effect on energy use of economy sectors, forward linkage index of energy sector with each sector is increased equally and also their dependence is increased too.
