Growth Accounting
Nafise Mosayebi Otaghsara; Zahra Mila Elmi; Saeed Rasekhi
Abstract
The main objective of this research is to examine the growth of green productivity in the industry and transportation sectors of Iran (as influential sectors of the country) during the period of 2001-2019 and compare it with the conventional productivity index, which has been the criterion that considered ...
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The main objective of this research is to examine the growth of green productivity in the industry and transportation sectors of Iran (as influential sectors of the country) during the period of 2001-2019 and compare it with the conventional productivity index, which has been the criterion that considered in policy-making decisions in the country for several decades. Although in the framework of conventional productivity theories, green productivity indices generally have higher growth rates compared to conventional ones, many other studies have also shown that green productivity can also grow at a lower rate than conventional productivity. The results of extended growth accounting along with using seemingly unrelated regressions method for calculating the green productivity of two industry and transportation sectors of Iran show that the growth of this index is 2.11% for the industrial sector and -5.8% for the transportation sector, and compared to the conventional method, it was found that the growth of conventional productivity measure for the industry sector is underestimated for 0.7% and for the transportation sector, it is overestimated for 6.76%. Based on the results obtained, the policy recommendation of this research is to transform the adoption of an economic growth strategy focused on green productivity from a choice to a necessity, in order to prevent the creation of misleading ideas about growth prospects and, consequently, prevent the selection of inappropriate policy options by officials, especially in the transportation sector.
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 ...
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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.
