Zeinab Shabani Koshalshahi; Amir Mansour Tehranchian; Seyed Mojtaba Mojaverian
Volume 5, 17(3) , December 2015, , Pages 24-13
Abstract
The purpose of the present study is investigating the impact of monetary policy on private sector investment of Iran,s agricultural subsectors (1978-2011). Therefore, the Generalized Method of Moments (GMM) is used. Obtained results indicated that the monetary policy in all 3 subsectors has a positive ...
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The purpose of the present study is investigating the impact of monetary policy on private sector investment of Iran,s agricultural subsectors (1978-2011). Therefore, the Generalized Method of Moments (GMM) is used. Obtained results indicated that the monetary policy in all 3 subsectors has a positive and significant impact on private sector investment. The effectiveness of monetary policy on private sector investment of fisheries subsector has been evaluated more than other ones. So, following the imposition of monetary policy by the government, private sector investment in the fisheries subsector will increase more than two other subsectors. Elasticity of investment to interest rate and inflation is negative and significant, and to exchange rate and price index, is positive and significant. The effect of government investment in all 3 subsectors is negative and significant. According to emphasis of Article 143 of the Law of Fifth Development Plan on state support of the private sector investment in order to promote the agricultural sector's added value and according to results, the recommendation is that policy makers should pay attention to facilitate the flow of supplying credits to the agricultural sector.
Seyed Mojtaba Mojaverian; Fatemeh Kashiri Kolaei; Zabihollah Falahati
Volume 5, Issue 17 , December 2014, , Pages 22-11
Abstract
In recent years, the impact of non-economic incentives such as life satisfaction and beliefs of community has been examined on economic behavior, such as growth and per capita income. The purpose of this study is to identify the correlation between life satisfaction index and per capita income ...
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In recent years, the impact of non-economic incentives such as life satisfaction and beliefs of community has been examined on economic behavior, such as growth and per capita income. The purpose of this study is to identify the correlation between life satisfaction index and per capita income with the intensity of religious beliefs. To this end, 2SLS estimator and cross-sectional data in 88 countries in 2010 were used. The results showed that the index of per capita income has a significant positive impact on life satisfaction. Also higher religious restrictions in communities were associated with less life satisfaction, and this shows government involvement in religious beliefs and consequently loss of life satisfaction. In addition, investment, government expenditure and trade variables have a positive and significant relationship with per capita income. Also, life satisfaction has a significant and positive effect on per capita income. Based on the used data in this study, there is a mutual relationship between life satisfaction and percapita income.
