Maryam Amini; Nematola Akbari; Rozita Moayedfar; Fatemeh Bazzazan
Abstract
Economic prosperity (recession) means that the GDP increases (decreases) between two consecutive periods. One of the important approaches in examining economic prosperity and recession is the use of the capital matrix. This matrix is a suitable solution for providing the analysis of calculable general ...
Read More
Economic prosperity (recession) means that the GDP increases (decreases) between two consecutive periods. One of the important approaches in examining economic prosperity and recession is the use of the capital matrix. This matrix is a suitable solution for providing the analysis of calculable general equilibrium patterns such as the dynamic input-output model. However, the main problem in the country is the lack of regional capital matrix statistical data. Therefore, it is practically impossible to check economic prosperity and recession at the regional level. The aim of the current research is to provide a non-statistical solution based on the theoretical foundations of the data to estimate the regional capital matrix from the national capital matrix. Therefore, an effort is made to estimate the capital matrix of Isfahan province with the help of the development of Charm's non-statistical method by regionalizing the national capital matrix. To validate the estimates made from the development of the charm approach, the data of provincial and construction bank credits of the agricultural and construction sectors for the year 2015 will be used. Also, the capital formation data of the industry and mining sector were also extracted from the Isfahan province yearbook for the same year. On the other hand, in the following, the effect of time delay on the value of regional capital formation will be investigated using the Charm method developed. The results show that as the time interval increases, the estimated capital formation value of the region will be closer to the real capital formation value of the sector. This is truer in sectors that are inherently more disruptive. On the other hand, the results show that the most capital productions are related to industry, construction and agriculture sectors. Also, most capital purchases are related to industry, services and real estate sectors. On the other hand, the analysis of the regional capital matrix shows economic prosperity in 2015 for Isfahan province.
Growth Accounting
Davoud Behboudi; Jalal Montazeri Shoorekchali
Volume 1, Issue 3 , January 2012, , Pages 70-49
Abstract
The most attended aspect of the modern economics is its structure which relies heavily on knowledge and awareness. In this competitive world, paying attention to knowledge and relying on innovation is what makes institutions pioneers. In the early 20th century, Joseph Schumpeter and later almost all ...
Read More
The most attended aspect of the modern economics is its structure which relies heavily on knowledge and awareness. In this competitive world, paying attention to knowledge and relying on innovation is what makes institutions pioneers. In the early 20th century, Joseph Schumpeter and later almost all theoreticians came to believe that the emergence of a phenomenon called job creators or in other words innovative job creators played significant roles in the economic development process and, in Schumpeter’s opinion, something that makes these people stand out is their innovation power particularly in new combinations. With regard to the deep technological gap between the developed and developing countries, Foreign Direct Investment (FDI) is one way to transfer modern technologies to the developing countries where these innovations could be applied through this transfer. Since the arrival of foreign direct investment to the developing countries brings about spillovers resulting in innovation expansion in these countries. In this article, the effects of Foreign Direct Investment (FDI) spillovers on innovation in developing countries are dealt with, considering that the panel data are arranged in the Pool method for the developing countries where the innovation information have been accessible.
ARDL
Mahdi Fadaee; Somayeh Nayeri
Volume 1, Issue 1 , January 2012, , Pages 159-133
Abstract
In economic growth and development analysis, cultural change has a special situation. Cultural indicators can affect on production factors and economic growth endogenously and exogenously. Nowadays, in economic literature capital divided to: Physical, Human, Cultural, Social and Natural capital. In this ...
Read More
In economic growth and development analysis, cultural change has a special situation. Cultural indicators can affect on production factors and economic growth endogenously and exogenously. Nowadays, in economic literature capital divided to: Physical, Human, Cultural, Social and Natural capital. In this research, first, we survey cultural indicators, and then point to production factors especially on capital and theatrically factors and GDP. In this research we used Auto Regressive Distributed Lag (ARDL) model to analyze short and long run relations between variables and then test the stability of model by CUSUM and CUSUMQ. Error Correction model (ECM) model is used to show how the short run shocks justify in next periods. Findings show that the model was stable and cultural indicators during 1975-2005 had significant and positive effect on economic growth of Iran.
