The impact of the marginal effects of the government's construction and current expenditures on economic growth with an emphasis on the degree of economic openness and insurance premiums paid by producers (case study of the country's provinces)
Subject Areas : Financial EconomicsMohammadamin Nahal 1 , بیژن باصری 2 *
1 - دانشجوی رشته علوم اقتصادی
2 - استادیار اقتصاد دانشگاه آزاد واحد تهران مرکزی.تهران.ایران
Keywords: Asset acquisition, credits, production growth, Iranian provinces, panel threshold approach model,
Abstract :
The aim of the present study is the effect of the threshold effects of capital asset acquisition credits and expenses on economic growth with an emphasis on the degree of economic openness and paid production insurance premiums (the case study of the provinces of the country) based on the data of 1379-1400 and by applying the soft threshold approach. It is the star panel (PSTR). The model estimation results show; The variables of government spending credits, government capital asset acquisition credits, literacy rate, economically active population, establishment license and exploitation license and the degree of economic openness significantly increase production growth in Iran's provinces. The increase in government spending credits and government capital asset acquisition credits, although it generally leads to an increase in production in Iran's provinces, but this increase in credits has been moved towards production growth at a moderate speed. Considering the developing country and the low role of tax revenues in the budget of the country and the provinces of Iran in the past years and earning more income through oil resources, the increase in national and provincial credits due to being on the path of development is not well managed and in Instead of long-term investments in construction costs, short-term costs have been spent, the result of which is nothing but inefficiency in the growth of economic activities.