The Economic Security effects on Economic Growth in Islamic Conference Groups (ICG) with emphasizes on Iran

Subject Areas : Financial Economics

Ahmad Jafari Samimi ¹ , Shahram Ekhteyari ²

1 - Professor in Economics, Mazandaran University
2 - M.A Student in Economics

Received: 2015-06-14 Accepted : 2015-06-14 Published : 2008-06-21

Keywords: Iran, Economic, Economic Growth, Security, Islamic Conference Group's (ICG's),

Abstract :

In this study, the relationship between economic growth and economic security in Islamic conference Group (ICG) with emphasis on Iran has been investigated. The finding based on Pooled panel data during 1997-2005 show that population growth, Labor force, capital Growth , government share of economic activities, the foreign Direct Investment (FDI) to GDP and economic security as influencing variables have been positive effects on economic growth among ICG's, but inflation had opposite effects. The other findings show Iran's economic security index is lesser than ICG average level. The results suggest that government should enhance security condition quality in economic activity.