Export Diversification
hossein amiri; marjaneh beshkhoor
Volume 8, Issue 29 , December 2017, , Pages 127-144
Abstract
In this study, the effect of horizontal and vertical diversification policies on economic growth in Iran is investigated. The approach applied is Markov Switching regimes, for annual data series 1979-2015. The growth rates of horizontal and vertical diversification, consume expenditure, and investment ...
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In this study, the effect of horizontal and vertical diversification policies on economic growth in Iran is investigated. The approach applied is Markov Switching regimes, for annual data series 1979-2015. The growth rates of horizontal and vertical diversification, consume expenditure, and investment as well as inflation rate are the variables which are used in this study. The results show that inflation rate, consume expenditure and vertical diversification growth have positive and significant effect, in both 0 and1 regimes, on economic growth. Furthermore, the horizontal diversification and investment growth also have positive effect on economic growth but only in 0 regime. Additionally, the predicted economic growth rate under three proposed scenarios, for 2016 and 2017 years, show that we can reach 8 percentage as medium growth rate in the sixth development program with emphasizing on vacant capacity, especially horizontal and vertical diversification policies.
total factor productivity of production؛
Karim Azarbaiejani; Molood Raki; Homayoun Ranjbar
Volume 1, Issue 3 , January 2012, , Pages 201-165
Abstract
According to discussion of export growth and economic growth, export diversification issue has been considered by many policymakers to mean the increase of exports commodity and reducing its dependence on one source of income. In other words, regardless of the composition or concentration of a country’s ...
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According to discussion of export growth and economic growth, export diversification issue has been considered by many policymakers to mean the increase of exports commodity and reducing its dependence on one source of income. In other words, regardless of the composition or concentration of a country’s export, more export commodities means more diversified exports. In recent years, export diversification in developing countries that mainly rely on exporting a single product has become a political priority. This study makes use of the new growth and international trade theories and panel data methods to examine the impact of export diversification on total factor productivity (TFP) and economic growth during the 1999-2007 in D-8 countries. The research results show that export diversification has a positive and statistically significant effect on the TFP and economic growth. Therefore to create economic growth and sustainable development, Iran has to pay attention to the export diversification policy as well as other factors that affect TFP and economic growth.
