Economic Growth
Esmaiel Abounoori; Mahboobeh Farahati
Volume 7, Issue 25 , November 2016, , Pages 37-50
Abstract
Is economic growth in Iran affected by post-Keynesian economists theory? Is it possible to overcome economic recession in Iran using the post-Keynesian approach? According to the post-Keynesian point of view, the economic growth is either wage-led or profit led. In other words, the functional distribution ...
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Is economic growth in Iran affected by post-Keynesian economists theory? Is it possible to overcome economic recession in Iran using the post-Keynesian approach? According to the post-Keynesian point of view, the economic growth is either wage-led or profit led. In other words, the functional distribution of income determines the economic growth variation path. In this paper considering profit share, capacity utilization, capital accumulation, and net export/GDP ratio during 1967-2013, economic growth path in Iran is determined using Structural Vector Auto Regression (SVAR) concerning the Impulse Response functions. The results show that increase in profit share increases capital accumulation, net export share of GDP and total demand or economic growth. Thus total demand regime or economic growth is profit-led. The result of this research approves the theoretical results of Bhaduri and Marglin (1990); concerning the income distribution effect on international trade in an open economy, the possibility of profit-led regime increases and may help to overcome the recession.
International Commerce
Mehdi Sadeghi Shahedani; Meysam Khosravi
Volume 6, Issue 23 , May 2016, , Pages 32-13
Abstract
Efficient goals and policies that can be seen through development plans are the most important economic document for an economy. Development plans are affected by theoretical bases and also Iran's development plans are not as an exception. This paper tries to grasp the theories that are affect five years ...
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Efficient goals and policies that can be seen through development plans are the most important economic document for an economy. Development plans are affected by theoretical bases and also Iran's development plans are not as an exception. This paper tries to grasp the theories that are affect five years plans of Iran. To say more about subject we will answer such questions: how can discover the theoretical base of each plan? What are differences and similarities of plans over this subject? Following the subject requires library method in the research. Results would be reported for similarities the partial effect of capitalism on this plans and differences would found on some strategic selection point and basic economic theories like growth and justice. What makes this paper different to simple research is including fifth plan and discussion on each plan and also using development paradigms and theories for its analysis.
