The Impact of Export Promotion Policy on non-oil Sectors Growth in Iran
Subject Areas : Financial EconomicsFarhad Dejpasand 1 , Hossein Sabouri 2
1 - Assistant Professor of Economics, Shahid beheshti university
2 - M.A, in Economics
Keywords: Economic Growth, Outward and Inward Oriented,
Abstract :
In several last decades. Outward and Inward Oriented Strategy have used in developing countries frequently. The outward policy had focused on achieve to international markets. In spite of this, Import substitution has been an important role in local markets. This paper analysis the effects of non-oil export expansion on various sectors growth in Iran's economy based on Feder's approach. We introduced a model based on Total Production Function (TPF) during 1961-2008 (1353-1387 Solar Calendar) by using of OLS method. The Findings show that labor force, capital and intermediately variables have Positive effects on non-oil growth sectors, but export in non-oil sectors hasn't significant affect. These findings show that export promotion as an outward orientation has not fulfills to promote growth in non-oil sectors