The impact of exchange rate shock and gross domestic product on the country's Islamic contracts
The impact of exchange rate shock and gross domestic product on the country's Islamic contracts
Subject Areas : Financial Knowledge of Securities Analysis
morteza haghgoye haghghi 1 , Marjan Damankeshideh 2 , منیژه هادی نژاد 3 , kashayar seyed shokri 4 , mohammad reza mizani nejad 5
1 - PhD student, Department of Economics, Central Tehran Branch, Islamic Azad University, Tehran, Iran
2 - Department of Economics, Central Tehran Branch, Islamic Azad University, Tehran, Iran, Corresponding Author
3 - Department of Economics, Central Tehran Branch, Islamic Azad University, Tehran, Iran
4 - Department of Economics, Central Tehran Branch, Islamic Azad University, Tehran, Iran
5 - Department of Economics, Central Tehran Branch, Islamic Azad University, Tehran, Iran
Keywords: economic factors, financial factors, exchange rate, gross domestic product,
Abstract :
The purpose of this article is to examine the effect of economic-financial factors, the effect of exchange rate shock and the effect of GDP shock on the country's Islamic contracts for the years 1363-1400. The research method is using SVAR vector autoregression model. This research is applied in terms of its purpose and descriptive-analytical in terms of its nature and method. The data of this study were obtained from official information publishing databases, such as the Central Bank and Central Bank's Monetary and Banking Research Institute, as well as statistical yearbooks. SVAR structural auto-regression econometric methods were used to analyze the collected data and Evioz 12 econometric software was used for statistical analysis. At first, the research model was specified, then reliability tests were performed using the Phillips-Peron method, and then the co-integration tests were performed using the Johansen-Jisilius test, and then the model was estimated using the SVAR method. And model stability tests, IMPULSE RESPONSE and variance analysis were also conducted and finally the effect of research variables was discussed. The results of this research show that there is a significant effect between the effect of exchange rate shock and the effect of GDP shock on the country's Islamic contracts.
