Economic Growth
Farhad khodadad kashi; samaneh noraniazad; somayeh shateri
Abstract
Although economic growth is affected by the growth of factors of production, governance and government size were also effective on economic growth. In this study, the impact of government size and governance on the economic growth of perspective document countries evaluated over the period 2006-2017. ...
Read More
Although economic growth is affected by the growth of factors of production, governance and government size were also effective on economic growth. In this study, the impact of government size and governance on the economic growth of perspective document countries evaluated over the period 2006-2017. To meet this end, The World Bank database and data of perspective document countries were used. Moreover, the optimum size of the government evaluated based on the proposed Baro method. This article sought to estimate the effect of government size and governance by using panel data and the threshold nonlinear two-stage generalized method of moment. The findings indicated that the average optimal size of the government was 18.38% of the gross domestic product. Also, in countries with less government size, the growth of government expenditures had a positive effect on economic growth, while countries with a government size larger than optimal, government spending had a negative effect on economic growth. In addition, the results confirmed economic growth was affected by the governance of the state.
Mohammad Ali Molaei; Ali Dehghani; Samaneh Hossein Zadeh
Volume 5, Issue 19 , June 2015, , Pages 40-25
Abstract
This study aims at exploring the relationship between energy consumption/efficiency and production growth in manufacturing agencies producing transportation vehicles in 1995-2009 using Granjer, Hsiao’s Granger, Toda-Yamamoto causality and DPD approach. The results of the model show that in these ...
Read More
This study aims at exploring the relationship between energy consumption/efficiency and production growth in manufacturing agencies producing transportation vehicles in 1995-2009 using Granjer, Hsiao’s Granger, Toda-Yamamoto causality and DPD approach. The results of the model show that in these companies there is a one-tailed causal correlation between production value and energy consumption/efficiency and the given correlation is verified in both of the causal approaches. Similarly, the estimation of the model using DPD approach shows that there is a significant positive correlation between energy consumption and the value of the product in big factories producing transportation vehicles. The results also show that compared with an increase in the employment rate or energy consumption/efficiency, an increase in investment in these factories has a more significant effect on the value of the products in these agencies. This indicates that changes in production technology from labor or energy intensive to investment can lead to an increase in the value of products in agencies producing transportation vehicles in Iran.
Ali Hussein Samadi; Zahra Dehghan Shabani; Atefeh Moradi Kouchi
Volume 5, Issue 19 , June 2015, , Pages 72-57
Abstract
The aim of this paper is to analyze the effects of income inequality on economic growth in 28 provinces of Iran during 2000-2011 by using Geographically Weighted Regressions (GWR) and Dynamic Panel Data (DPD) models. This paper has tried to study the spatial heterogeneity among 28 provinces in Iran by ...
Read More
The aim of this paper is to analyze the effects of income inequality on economic growth in 28 provinces of Iran during 2000-2011 by using Geographically Weighted Regressions (GWR) and Dynamic Panel Data (DPD) models. This paper has tried to study the spatial heterogeneity among 28 provinces in Iran by using the Mont-Carlo and Inter-quartile tests. The results show that spatial heterogeneity exists for income inequality, human capital and logarithm of real per capita income. This paper is focused on geographic weighted model that contain spatial heterogeneity. The empirical results of GWR and DPD models have shown that income inequality has a negative effect on economic growth in Iran.
Sohrab Delangizan; Mohammad Sharif Karimi; Zeinab Khalvandi
Volume 4, Issue 15 , August 2014, , Pages 104-87
Abstract
Financial corruption affects on economy’s health via different channels which the most important channel is distortions in the allocation of resources. On the other hand, the level of knowledge-based economy also can affect on behaviour of factors of production. An important question is whether ...
Read More
Financial corruption affects on economy’s health via different channels which the most important channel is distortions in the allocation of resources. On the other hand, the level of knowledge-based economy also can affect on behaviour of factors of production. An important question is whether the level of knowledge-based economy can affect the relationship between corruption and economic growth? This study investigates the effect of financial corruption on economic growth for 138 countries over the period 2000 - 2011 by using the consolidated corruption perception indicator, the level of knowledge based economy indicator and economic growth and a dynamic panel model which called Generalized method of moments (GMM). The results of classification of countries show that, in the groups with high knowledge-based economy indicator, control of financial corruption has positive impact on economic growth but in the groups with moderate knowledge-based economy indicator, control of corruption, has negative impact on economic growth. Also, the results show that in the first group of countries, stability of corruption control policies has a positive impact on economic growth but in the second group of countries, it has a negative effect.
Bahram Sahabi; Mansor Etesami; Khaled Aminpour
Volume 3, Issue 12 , November 2013, , Pages 118-105
Abstract
Growth of financial economics literature in recent decades has clearly shown that financial development facilitates economic growth. Important question is that why some countries have more developed financial sectors than others. In this study, effect of government size and good governance on financial ...
Read More
Growth of financial economics literature in recent decades has clearly shown that financial development facilitates economic growth. Important question is that why some countries have more developed financial sectors than others. In this study, effect of government size and good governance on financial development was considered by using statistical data, including 76 developing and developed countries in time period of 1996 to 2011. The relationship between the variables was estimated with Generalized Moment Method (GMM). The results showed that government size and good governance has negative and positive effects on financial sector development, respectively. Also, for the purpose of adapting and improving of the results, effect of government size and good governance on financial sector development was separately examined in developing and developed countries, which supported the previous results. The results confirmed the political view and the analysis of results also demonstrated that inflation has the highest influence on financial sector development in developing countries.
