mohamad jafari; ali HASANVAND; Younes Goli
Abstract
The economic growth gap between countries is one of the most important economic realities, and it is important to recognize the main causes. In this regard, the present study uses the statistical evidence of 91 countries over 2003-2017 and the analysis of the spatial theil index to estimate the components ...
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The economic growth gap between countries is one of the most important economic realities, and it is important to recognize the main causes. In this regard, the present study uses the statistical evidence of 91 countries over 2003-2017 and the analysis of the spatial theil index to estimate the components of the economic growth gap of countries. The results show that the share of neighborhood effects in determining the economic growth gap is more than the share of productivity difference. Also, the share of spatial effects in the growth difference of European countries and the share of productivity difference in the growth difference of Asian countries has been higher than other factors. In addition, the economic growth of European countries is convergent and Asian countries is divergent. According to the estimated model by GMM approach, industrialization is one of the main factors for the difference in economic growth of countries. Therefore, with the development of industry and increasing productivity, Iranian economy can be to converge to the top economies.
Economic Growth
Behzad Maleki Hassanvand; Mohammad Jafari; Shahram Fatahi; Hadi Ghafari
Abstract
The aim of this paper is examining the simultaneous impact of good governance and government spending on economic growth in MENA countries. To estimate model, we've used GMM method during 2002-2016. The results show that good governance (weighted average of six indexes) and government spending ...
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The aim of this paper is examining the simultaneous impact of good governance and government spending on economic growth in MENA countries. To estimate model, we've used GMM method during 2002-2016. The results show that good governance (weighted average of six indexes) and government spending have positive and significant effect on economic growth. GDP last period and trade openness variable have positive and significant effect on economic growth. Inflation variable has negative and significant effect and private investment variable has positive and insignificant effect on economic growth. The effect of both economic growth and government spending is positive and significant. Good governance index resulted from combination of existing six indexes by Principle Components Model, has been estimated in another model and it indicates positive relationship with more effect on economic growth.
Economic Growth
Mehdi Khodaei; Mohammad Jafari; Shahram Fattahi
Volume 8, Issue 31 , June 2018, , Pages 79-92
Abstract
Macro-economic relationship between fiscal policy and economic growth has long been considered by economists. In this study to evaluate the more accurate effect of the government's fiscal policy in the economy, using quarterly data for the years 1988 to 2016, a factor-augmented vector autoregressive ...
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Macro-economic relationship between fiscal policy and economic growth has long been considered by economists. In this study to evaluate the more accurate effect of the government's fiscal policy in the economy, using quarterly data for the years 1988 to 2016, a factor-augmented vector autoregressive (FAVAR) model with time varying parameter model (TVP) in Iran's economy has been modeling. The variables of GDP growth, investment growth, inflation, exchange rates, the growth of private consumption expenditure and latent variable of government fiscal policies are used in model. Based on results the effects of fiscal policy on economic growth in the whole period is positive and investment increased the rate of economic growth. Also the additive positive effects of fiscal policy on the unofficial exchange rate has increased over time. In addition, the effect of fiscal policy on inflation is positive, so that the additive effect in economic prosperity period is more. Finally, the effect of fiscal policy on private sector spending is negative. Results of this study show changes in relationships between variables over time and also indicate that economic conditions of the country affects the impacts of independent variables.
s
Mohammad Jafari
Volume 8, Issue 29 , December 2017, , Pages 61-76
Abstract
Due to the important role of economic globalization in income inequality of countries, the purpose of this paper is to investigate the non-linear impact of economic globalization on income inequality in Iran during 1979-2014. For this purpose, is used the smooth transition regression (STR) model. The ...
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Due to the important role of economic globalization in income inequality of countries, the purpose of this paper is to investigate the non-linear impact of economic globalization on income inequality in Iran during 1979-2014. For this purpose, is used the smooth transition regression (STR) model. The estimated Smooth Transition Regression (STR) model supports a nonlinear threshold behavior in the relationship between economic globalization and income inequality in the country in a two regime structures with positive effect and a threshold level of about 26/15%. so that increases the intensity of this positive impact with crossing threshold level and entering the second regime.
