List of Articles طبقه‌بندی JEL: E62

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  1 - The Impact of Current Budget Instability and Debt Accumulation on Iran's Economic Growth
  mohadeseh moghadasi alireza Pourfaraj Ahmad Jafari Samimi mohammad Ali falahi
  10.30495/eco.2023.1968528.2697
       This study investigate the Impact of Current Budget Instability and Debt Accumulation on Iran's economic growth using seasonal data during the period 1369:1 to 1397:4 (based on the latest seasonal data published in 1401). Structural Vector Auto More

       This study investigate the Impact of Current Budget Instability and Debt Accumulation on Iran's economic growth using seasonal data during the period 1369:1 to 1397:4 (based on the latest seasonal data published in 1401). Structural Vector Auto Regressive (SVAR) model has been used for this purpose. The results of the impulse response functions show that the instability of the current budget has led to the instability of other research variables along with increasing debt accumulation and decreasing economic growth. According to the results, the debt accumulation variable has a positive effect in the short term and a negative effect in the long term on private sector investment, as well as a significant negative effect on economic growth. The more the current size of the government is reformed, optimized and balanced, the current budget deficit and its financing will be reduced, the design of a favorable policy in this field will be able to eliminate many of the negative effects of the government sector on the national economy. Based on the results, it is suggested that sustainable incomes should be increased in order to improve the operating balance by maintaining tax justice, and the government's current spending policies should be adjusted by maintaining real purchasing power in a way that does not create negative welfare effects. Manuscript profile
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  2 - Investigating the Effects of Governmental Expenditure Shock on Gross Domestic Product Growth in Iran: ARDL Approach
  jafar haghighat nazila moharam joudi
  The aim of this paper is investigating the effects of governmental expenditure shock on GDP in Iran’s economy.  In order to achieve this aim, at first, the model of effective factors on governmental expenditure has been explained, and governmental expenditure More

  The aim of this paper is investigating the effects of governmental expenditure shock on GDP in Iran’s economy.  In order to achieve this aim, at first, the model of effective factors on governmental expenditure has been explained, and governmental expenditure shock is captured by the model residuals. Then the model of effective factors on GDP is estimated from 1971 to 2014. In estimating the models, autoregressive distributed Lag (ARDL) approach has been used. According to the results, the effect of governmental current expenditure on GDP is not significant. But lagged government expenditure shock has a positive and significant impact on GDP.  Error correction term is negative and significant, and indicates that when a shock occurs, 12 percent of short term imbalance is adjusted each period, to reach the long term equilibrium. It is purposed to government not to increase own expenditure, since this can cause an inverse relationship between government expenditure and GDP and it reduces economic growth. Manuscript profile