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Open Access Article
1 - تاثیر سودآوری برساختار سرمایه و سرعت تعدیل:آزمون تجربی در شرکت های منتخب بورس اوراق بهادار تهران
سید فخرالدین فخرحسینی محمود سنگدوینی -
Open Access Article
2 - بررسی عوامل موثر بر اشتغال زنان با تاکید بر استفاده از ICT
منیره دیزجی آرش کتابفروش بدری -
Open Access Article
3 - The Effect of Economic and Social Factors on Life Insurance Demand in Iran and Commonwealth of Independent States (CIS)
Hedayat Hosseinzadeh Nowadays life Insurance is one of the most important economic tools and it has several applications the most important role of it is securing the future of the family. Also life insurance is known as one of the major sources of funds and its saving role is more More Nowadays life Insurance is one of the most important economic tools and it has several applications the most important role of it is securing the future of the family. Also life insurance is known as one of the major sources of funds and its saving role is more prominent. The aim of this study was to investigate the effect of social and economic factors (per capita income, inflation, interest rates, financial development, dependency ratio, education and life expectancy) on life insurance demand in Iran and CIS countries over the period 2001-2009 using the Panel data. Research findings show that per capita income levels, interest rates, the level of financial development, education and life expectancy are the most important factors affecting the demand for life insurance. In this regard, the young dependency ratio has an inverse relationship with the demand for life insurance. Manuscript profile -
Open Access Article
4 - Comparing the effective Factors on labor Force productivity in small and large industry in Iran: 1994- 2013
Mohammad Mowlaei Azadeh ShahabAlthough, the small and large industries are essentially different in thenumber of labor Force and the amount of capital, but their optimalproduction obviously is under the effect of productivity of labor Force.The aim of this study is to analyize and making clear the a MoreAlthough, the small and large industries are essentially different in thenumber of labor Force and the amount of capital, but their optimalproduction obviously is under the effect of productivity of labor Force.The aim of this study is to analyize and making clear the amount of theeffectiveness of Factors on labor Force productivity in small and largeindustries in Iran during 1994 to 2013. Some of the important Factorsthat are effective in increasing productivity are: physical capital, humancapital, the real wage level, the accumulation research and development(R & D), and the gap between actual and potential production. In thisresearch, using the statistical information from the statistical center ofIran for the ninth industrial groups (I.S.C, Rev, 2) and using panel datamethod. The results showed that the impact of above Factors (except thegap production) on labor productivity is positive and the amount of themin small industries are more than the large ones. Thus, using the optimumof the studied variables in large industries and improving theperformance of them cause the increase in labor production in small andlarge industries in Iran. Manuscript profile -
Open Access Article
5 - The Effects of Human Development on Labor Productivity in Selected OECD Countries
Monere Dezaji Arash Ketabforosh BadriOne of the basic issues in the field of development is rational utilization of the abilities and talents of the manpower in the community. Increasing productivity is the only way that will promote the economic development and welfare of a nation. The miraculous changes MoreOne of the basic issues in the field of development is rational utilization of the abilities and talents of the manpower in the community. Increasing productivity is the only way that will promote the economic development and welfare of a nation. The miraculous changes in short-term economic growth and development in many countries are the result of increased productivity and the optimum, efficient and effective use of human and physical resources they have. In this regard, this study tries to investigate the effects of the Human Development Index on labor productivity in 32 selected OECD countries by using panel data model in the period 2002-2009. The results show that Human Development Index had a significant and positive effect on labor productivity in the countries studied. Also, openness, value added production, health expenditures and physical capital have positive and significant effects on labor productivity. Manuscript profile -
Open Access Article
6 - The Effect of the Comparative Advantage of Economic Activities on the GDP of the Provinces
Seiedeh Narges Aghamohammadi Golamali Haji hadi ghafari peyman ghafari ashtianiAlthough economic growth is affected by the growth of factors of production, but according to the pattern of endogenous growth, other variables also affect economic growth. In this study, the effect of the comparative advantage of different activities on the GDP of the MoreAlthough economic growth is affected by the growth of factors of production, but according to the pattern of endogenous growth, other variables also affect economic growth. In this study, the effect of the comparative advantage of different activities on the GDP of the provinces in the period 2004-2014 has been used. For this purpose, the data of statistical yearbooks and regional accounts of the Statistics Center of Iran for 30 provinces have been used. The estimation of the models has been evaluated in the form of a dynamic panel model using the GMM technique. The results of estimating the models confirm that the comparative advantage index in the three major sectors of agriculture, construction and services have a positive and significant effect on the economic growth of the provinces by 0.49, 0.08 and 0.07 percent, respectively. While the index of comparative advantage of industry, mining and energy sector shows a negative impact of 0.15 on the economic growth of the provinces, this negative impact can be due to the greater impact of other sectors on the GDP of the provinces. Manuscript profile -
Open Access Article
7 - Analysis the Effect of Inefficiency in Labor Investment on Tax Avoidance in a Selection of Export Companies in Tehran Stock Exchange
shahryar zaroki Mohamad Abdi Seyyedkolaee sudabe BararjaniTax avoidance reduces the outflow of cash from the company to the government, which from the past to the present is considered a value for shareholders. Therefore, considering such a necessity, the present study, in order to help tax administrators, examines the effects MoreTax avoidance reduces the outflow of cash from the company to the government, which from the past to the present is considered a value for shareholders. Therefore, considering such a necessity, the present study, in order to help tax administrators, examines the effects of investment inefficiency in the labor force on corporate tax avoidance activities for a sample of 64 export companies in Iran during the period of 2009 to 2019. For this purpose, in two stages, Dynamic Panel Data method and Generalized Method of Moment (GMM) estimator were used; in this way, first, the inefficiency of investment in labor was estimated and then its effect on corporate tax avoidance was estimated. The results of estimating the research model indicate the direct effect of investment inefficiency in the workforce on corporate tax avoidance. In addition, the results showed that the market value and size of the company are associated with a direct and inverse effect on tax avoidance, respectively. Thus, increasing ambiguity, a weaker control environment, and a reduction in expected cash flows due to inefficient investment in the workforce provide opportunities for the company's manager to increase tax avoidance, and tax policymakers need to pay special attention to this issue. Manuscript profile -
Open Access Article
8 - The Effect of Political Variable on the Relationship between Seignorage and Income Inequality: the Case Study of Selected OECD and D8 Countries
Vahid Taghinezhadomran Zahra Mila Elmi Mobin RamezanpourThe most important instrument of the government to finance public expenditures and to improve the distribution of tax revenues is tax. High reliance of government on seignorage can reduce the role of taxes in correcting the inequalities. Improving the political variable MoreThe most important instrument of the government to finance public expenditures and to improve the distribution of tax revenues is tax. High reliance of government on seignorage can reduce the role of taxes in correcting the inequalities. Improving the political variable of the voice and accountability by less reliance on seignorage and more reliance on taxes can improve income distribution.The main purpose of this study is to investigate and test this hypothesis with the help of data from selected OECD and D8countriesperiod 2018-2008 using the fully modified least squares method (FMOLS). The results of model estimation showed that the political variables of accountability can improve the distribution of income in the studied countries by reducing the government's reliance on seignorage. Manuscript profile -
Open Access Article
9 - The Effect of Habit Formation on Consumers Behavior in Iran
Mir Hosein Mousavi Elnaz khojasteh Farid DehghaniIn this paper, the effect of formed habits on consumer behavior was investigated by separating the three effects of generation, age and time (year) by generating a quasi-hybrid data set using the Dayton method. For this purpose, in the field of generations, 14 generatio MoreIn this paper, the effect of formed habits on consumer behavior was investigated by separating the three effects of generation, age and time (year) by generating a quasi-hybrid data set using the Dayton method. For this purpose, in the field of generations, 14 generations were studied from 1305 to 1995. Concerning time (year), this research investigates over 30 years from 1986 to 2020. The age of the subjects in this study ranged from 16 to 72 years. The results of the analysis of generation effects show that consumption expenditures are increasing with younger generations. The results of the study of the effect of time show the increase of households' consumption expenditure during the years 1986 to 2020 and the somewhat constant trend of the years 1995 to 2015. Results of the effects of age on consumption expenditure pattern confirmed the life cycle pattern. Manuscript profile -
Open Access Article
10 - The Financial Inclusion and Unemployment in Urban and Rural Areas of Iran
Reza MaaboudiThe paper aims to investigate the financial inclusion effect on the unemployment rate in urban and rural areas of Iran. Panel generalized method of moments and provincial data from 2015 to 2020 used to analyze the relationships between variables. Findings show that fina MoreThe paper aims to investigate the financial inclusion effect on the unemployment rate in urban and rural areas of Iran. Panel generalized method of moments and provincial data from 2015 to 2020 used to analyze the relationships between variables. Findings show that financial inclusion leaves a negative and significant effect on the unemployment rate in urban and rural areas of Iran. On the one hand, financial inclusion increases entrepreneurs’ and economic firms’ access to financial credits by reducing transaction costs and by increasing information transparency, which in turn leads to an increase in production capacity and a decrease in the unemployment rate; On the other hand, increasing the access of low-income people to borrowing leads to an increase in investment in human capital and, as a result, a decrease in the unemployment rate. Also, economic growth and human capital have a negative significant effect, and the real wage has a significant positive effect on the unemployment rate in urban and rural areas of Iran. According to the research results, in order to use the benefits of financial inclusion to reduce unemployment in the country, it is necessary to adopt effective policies in the field of training and increasing the financial literacy of individuals in deprived areas to participate in the financial sector, increasing investment to promote innovative financial technologies, expanding banking hardware and improving the infrastructure of the payment system. Manuscript profile -
Open Access Article
11 - The Effects of Technology Imports and Higher Education Employees on Food and Beverages Exports
hosein asgharpour hasan abdiThis paper investigates the effects of technology imports and employing higher educated people on the export of food and beverages in Iran by using a panel data during 2000-2007. The empirical results show that the import of technology and use of higher education have a MoreThis paper investigates the effects of technology imports and employing higher educated people on the export of food and beverages in Iran by using a panel data during 2000-2007. The empirical results show that the import of technology and use of higher education have a positive and significant effect on the export of food and beverages. In addition, domestic demand of industrial production and price index of export goods have negative and significant effects on the food and beverages export. An important policy recommendation is that this paper tries to attract college-educated workforces along the country to provide food and beverage industry and facilitate the entry of foreign technology to reduce the cost of production exports. Manuscript profile -
Open Access Article
12 - The Effect of E-government on the Reduction of Economic Corruption in Islamic Countries selected
mohamad ali motefaker azad zeinab jameh shoorani zeinab heideri dadThis paper examines the impact of E-Government on the economic corruption in 34 selected countries of OIC during 2003-2011. Therefore, a random panel method like GLS will be used by considering heteroskedasticity to achieve the goal. The results represent that the impro MoreThis paper examines the impact of E-Government on the economic corruption in 34 selected countries of OIC during 2003-2011. Therefore, a random panel method like GLS will be used by considering heteroskedasticity to achieve the goal. The results represent that the improvement of E-government can reduce economic corruption of all countries. It can be possible only when more investment to be done on constructing and then improving E-government. Manuscript profile -
Open Access Article
13 - Economic Investigation of the Crime and It's Inter-Provincial Spillover Effects in Iran: A Spatial Panel Approach
mohsen mehrara Ehsan mohammadian nikpeyAbstract This study investigates the effects of economic and social variables on crimes in Iran by using provincial panel data during 2000-2010. Spatial econometrics is used to study the crime both in space and spillover effects in the model. Research findings suggest MoreAbstract This study investigates the effects of economic and social variables on crimes in Iran by using provincial panel data during 2000-2010. Spatial econometrics is used to study the crime both in space and spillover effects in the model. Research findings suggest that spillover effects caused led by the crimes in provinces are significant in the investigation period. Therefore, any change in crime rate will affect the province and the neighbors by the spillover effects or contagion across boundaries. Furthermore, the results indicate that economic variables of "Income and Industrialization index" and social variables of "Marriage to Divorce Ratio", "Urbanization Ratio" and "Population Increase" all have significant and important effects on the crime along the country. Manuscript profile -
Open Access Article
14 - Empirical Analysis of the Relationship between Air Pollution and Public Health Expenditures - A Dynamic Panel Data Approach
maryam fattahi Abbas Esari hosein sadeghi hosein asgharpourAbstract This study intends to investigate the effect of air pollution on public health expenditures and to identify the most important factors affecting the relationship between air pollution and public health expenditures. The scope of the study is the developing cou MoreAbstract This study intends to investigate the effect of air pollution on public health expenditures and to identify the most important factors affecting the relationship between air pollution and public health expenditures. The scope of the study is the developing countries during 1995-2011. For this purpose, a dynamic panel and Generalized Method of Moments are used. The empirical results indicate that there is a robust and significant relationship between air pollution, per capita income, urbanization, government size, aging dependency and public health expenditure and unemployment have a negative but significant effect on public health expenditures. Also, per capita income, urbanization and education have significant effect on the relationship between air pollution and public health expenditures. That is, the effects of air pollution on health expenditures in the countries with higher per capita income, higher urbanization rates and lower education levels are significantly higher than other countries. Manuscript profile -
Open Access Article
15 - Multi-Dimensional Approach to Subjective Well-Being: A Case Study: Ilam University Staff
bagher darvishi mehdi omidi fereshteh esmatThe purpose of the paper is surveying multi-dimensional approach to subjective well-bein.by using Van Praag, et al (2003) model. Therefore, satisfaction from life has been modeled as a function of satisfactions in finance, job, health, habitation, leisure, and living en MoreThe purpose of the paper is surveying multi-dimensional approach to subjective well-bein.by using Van Praag, et al (2003) model. Therefore, satisfaction from life has been modeled as a function of satisfactions in finance, job, health, habitation, leisure, and living environment and by COLS method, on the base of data from the questionnaire for a sample including 180 individuals of Ilam university’s faculty members and staff was estimated. The results show that satisfaction with life as a whole for the staff is also a function of finance, health and living environment satisfaction, while it is only a function of financial satisfaction for the faculty members. The results, also, suggest that in various life aspects, lack of satisfaction with life cannot be explained solely by income components. So, it is suggests to protective institutes that prohibit to solely welfare plans and instead of them, provide more comprehensive protective packages. Manuscript profile -
Open Access Article
16 - Determinants of Fuel Subsidies in Selected Oil Exporting Countries: (The Case Study of Gasoline Subsidy)
Hossein Tavakolian Ali Faridzad Jalal Dehnavi Neda MohamadiAbstract The purpose of this paper is to examine the factors affecting the payment of fossil fuel subsidies in oil exporting countries. To this end, the determinants of fossil fuel subsidies in selected exporting countries are divided into three sections: economic, poli MoreAbstract The purpose of this paper is to examine the factors affecting the payment of fossil fuel subsidies in oil exporting countries. To this end, the determinants of fossil fuel subsidies in selected exporting countries are divided into three sections: economic, political and institutional factors, and analyzed by the method of generalized moment data of dynamic panel data in the period 2003-2015. The results showed that variables such as carbon emissions and health costs are effective in paying gasoline subsidies. International Indicators of Risk also show the impact of institutional and political factors on subsidies. Based on the results, international organizations or management organizations should have targeted and accurate investment in improving the organizational and institutional capacity of the countries. Manuscript profile -
Open Access Article
17 - Comprehensive Biophysical-Economic Modeling of Climate and Agriculture (Case Study: Roodshour Watershed)
Abouzar Parhizkari gholamreza yavari abolfazl mahmoodi gholamreza bakhshi khanikiIn this study using panel dataset (combining the time series data related to the climatic variables of rainfall during 1986-2016 and the cross sectional data related to the base year 2015-2016) the comprehensive biophysical-economic modeling of climate and agriculture i MoreIn this study using panel dataset (combining the time series data related to the climatic variables of rainfall during 1986-2016 and the cross sectional data related to the base year 2015-2016) the comprehensive biophysical-economic modeling of climate and agriculture in Roodshour watershed basin was studied. In order to achieve the applied results, modeling is done by combining two parts of the biophysical (the products yield estimation model) and the economic (positive mathematical programming model) under mild, moderate and severe testing scenarios and with advanced programming in the GAMS 24.7 software environment. The results show that after year 2001, behavioral pattern of rainfall climate variable was accompanied with a decreasing trend in the Roodeshoor basin. With occurrence of the climate change resulting from rainfall reduction under mild, medium and intense scenarios, the available water resources decreased 5/75 to 13/8 percent, agricultural products decreased 3/60 to 8/54 percent and farmers' gross profit decreased 2/71 to 8/04 percent. But the economic value of irrigation water increases 5/13 to 12/7 percent ratio to base year. Finally, in order to protection of the water resources in the Roodeshoor basin and coping with the effects of climate change, Redetermination of the rate of water charge to farmers on the basis of equality consideration, fallow-lands and equipping farms to modern irrigation systems were proposed. Manuscript profile -
Open Access Article
18 - The Effect of Information and Communication Technology on Health Economics
saeedeh karimzadegan parvaneh salatinAbstract The main objective of this paper is to analysis the impact of Information & Communication Technology)ICT( on the health economics among the selected middle-income countries. The results of fixed effects andGeneralized Method of Moments (GMM) models i MoreAbstract The main objective of this paper is to analysis the impact of Information & Communication Technology)ICT( on the health economics among the selected middle-income countries. The results of fixed effects andGeneralized Method of Moments (GMM) models in the period of 2000-2015 imply that; Mobile cellular subscriptions and the internet have significant and positive effects on the Health expenditure, in private sector among selected countries. If the Mobile cellular subscriptions and internet increased by one percent, Health expenditure in private will be increased 0.136928 & 0.032519 percent in average respectively. Based on the results, it is recommended that appropriate application of modern technologies should be culturalized through education for households, and also in schools and universities. Manuscript profile -
Open Access Article
19 - Analyzing the Effects of Fiscal Decentralization and its Environmental Consequences in Iran Provinces
Azad Khanzadi maryam heidarian Sara MoradiAbstract This study analyzes fiscal decentralization policies and its environmental consequences, during the period 2005-2015. The results of GMM estimation show that revenue decentralization has negative and significant relationship with pollution. Also other variables MoreAbstract This study analyzes fiscal decentralization policies and its environmental consequences, during the period 2005-2015. The results of GMM estimation show that revenue decentralization has negative and significant relationship with pollution. Also other variables results indicate positive relationship between industrialization and energy productivity with pollution. By increasing the relative density of population, pollution is reduced. The results of Environmental Kuznets Curve hypothesis also indicate rejection of this hypothesis. In addition, presence of multiplication of the neighboring matrix in dependent variable causes an increase in pollution in the provincial level and this indicates the spatial environmental effects in the country's provinces. It is suggested that local governments determine their own financial resources, in this case it can be targeted and based on new revenue resources such as green economy, it can define businesses that which they reduce pollution. Manuscript profile -
Open Access Article
20 - Impact of the Internet on Labor Productivity in Selected MENA Countries
Ali Salmanpour Safar Farhang Mahnaz Shokouhi Fard Siamak Shokouhi FardThe importance of information and communication technology (ICT) in the nationaleconomy is apparent. ICT has positive outcomes in economy in various forms such as economicgrowth and total productivity, promoting trade of goods and services, reducing inflation andtransac MoreThe importance of information and communication technology (ICT) in the nationaleconomy is apparent. ICT has positive outcomes in economy in various forms such as economicgrowth and total productivity, promoting trade of goods and services, reducing inflation andtransactions costs. This study examines the effects of the internet on labor productivity byusing MENA selected countries data from 2000 to 2013 and dynamic panel data techniquesand by applying Arellano and Bond’s (1991) 1-step and 2-step GMM estimators. To this end,after testing variables stationary and existing co-integration between them, by Pedroni panelco-integration test, the final model was estimated by various estimators. The results of modelestimation by Arellano and Bond’s 2-step GMM estimator indicated that internet has positiveand statistically significant effects on labor productivity and in long term if other factors wereconstant, an increase in the number of internet users per 100 people, GDP per person employed,increases labor productivity 1.92$. Also, the impact of education and health expenditureson labor productivity are positive, but not statistically significant. Trade openness, GDP peremployed person in the previous period and capital formation has positive effects on the laborproductivity and are statistically significant Manuscript profile -
Open Access Article
21 - ارزیابی تأثیر قدرت رقابتی و سیاست پولی بر بازده دارایی در بانکهای ایران (رهیافت الگوهای ساختاری)
حسین شریفی نیا هوشنگ مؤمنی وصالیان علیرضا دقیقی اصلی مرجان دامن کشیده مجید افشاری راد -
Open Access Article
22 - الزامات نظارت احتیاطی کلان و تأثیر آن بر ثبات نظام بانکی ایران*
حسن سامانی پور تیمور محمدی عباس شاکری مهدی تقوی -
Open Access Article
23 - اثر نوآوری بر توسعه صادرات خدمات فنی و مهندسی کشورهای منتخب نوظهور: درسی برای اقتصاد ایران
سید کمیل طیبی زهرا زمانی محسن نوروزی طالخونچه محمود شکری -
Open Access Article
24 - Relationship between air pollution and economic growth of the province's environmental Kuznets curve application
رضا Moghadasi رضا Rahimi Nowadays air pollution as an important issue affects human health and economics phenomenon. In this study the relationship between economic growth and air pollution in ed provinces, has studied by use of Pollutant Standard Index. Results indicated that there is po More Nowadays air pollution as an important issue affects human health and economics phenomenon. In this study the relationship between economic growth and air pollution in ed provinces, has studied by use of Pollutant Standard Index. Results indicated that there is positive and significant relation between air pollution and economic growth in ed provinces. But Tehran and Khozestan and Khorasan Razavi provinces negatively affected. Results show that during the considered period, PSI as an indicator of environmental problem keeps on growing in time as long as the products in ed provinces keeps on growing. In other words, economic growth can't solve environmental problem during a time. Manuscript profile -
Open Access Article
25 - نقش بازار سرمایه در تامین مالی و رشد اقتصادی (مطالعه موردی ایران و منتخبی از کشورهای در حال توسعه)
وحید فرمان آرا اکبر کمیجانی اسداله فرزین وش فرهاد غفاری -
Open Access Article
26 - The Effects of the Number of Branches and its Geographical Distribution on Bank Profitability
اصغر ابوالحسنی رویا آل عمران فرزاد رحیم زاده سیامک شکوهی فردIn this research, the effect of the number of branches and the geographical distribution of bank branches on the profitability of Bank Sepah in Ardebil province has been studied. In this study, data and information related to Sepah Bank in Ardabil province in the period MoreIn this research, the effect of the number of branches and the geographical distribution of bank branches on the profitability of Bank Sepah in Ardebil province has been studied. In this study, data and information related to Sepah Bank in Ardabil province in the period 1371 to 1399 are collected and in the form of time series data and cross-sectional data are estimated in two separate models. The results of the model estimation showed that the geographical distribution of the bank branches affects their profitability and this effect is statistically significant at a significant level of 5%. In other words, the branch operating in high-income areas of the city has a higher profitability compared to the middle and low income regions. The number of Bank Sepah Branches also has a positive effect on bank profitability and this effect is statistically significant at a significant level of 5%. Also the loan to the asset ratio, the size of the bank and the market share of the bank has a positive and significant effect on its profitability. Also, at a significant level of 5%, the number of years of activity of the bank branch has a positive and significant effect on its profitability. Manuscript profile -
Open Access Article
27 - برآورد تابع تقاضای بنزین در ایران طی دوره زمانی 1381 تا 1386 با استفاده از تکنیک پنل دیتا*
علی امامی میبدی غلامرضا گرایی نژاد نگین دارابی -
Open Access Article
28 - The Corruption Effect on Foreign Direct Investment in Developing Countries
عبدالرحیم کردی مهدی خدا پرست مشهدیA country's investment environment is affected by Political, Institutional, and Economic Factors. These factors are determinants of quality of institutional environment across countries. Corruption often viewed as consequence of inappropriate institutions. Results of Mo MoreA country's investment environment is affected by Political, Institutional, and Economic Factors. These factors are determinants of quality of institutional environment across countries. Corruption often viewed as consequence of inappropriate institutions. Results of Most studies show that high cost and uncertainty created due to corruption affect attractiveness of host country to investors and destroys incentives for foreign investment. Yet, some studies could not find significant relationship between the corruption and foreign direct investment flows. Regard the lack of experimental study, the present research highlight the relationship between subcomponents of corruption and the flows of foreign direct investment in developing countries. The result of regression using panel data of 50 countries for time period 1996 – 2012, show that different forms of corruption have separately effects on the flows of foreign direct investment. So, corruption in the field of import/export permits has a positive and significant impact on FDI inflows, whereas corruption in the fields of annual tax payments, access to public utilities and judicial decisions have negative impact on FDI. Manuscript profile -
Open Access Article
29 - اثر اینترنت بر بازدهی سیستم بانکی (مطالعه موردی بانکهای منتخب ایران)
رویا آل عمران فرزاد رحیم زاده سیامک شکوهی فرد -
Open Access Article
30 - تحلیل تأثیر بازار بورس بین المللی بر بازار بورس ایران : استفاده از رهیافت سیستم دینامیکی و GARCH
نعمت فلیحی تیمور محمدی معصومه شاه کرم اوغلی -
Open Access Article
31 - The effect of foreign aid on per capita income growth in some selected Developing countries from Asia and Africa
کریم امامی نجمه آزاد وارAbstract Capital formation is one of the important factors in economic development. Developing countries are usually known with poor economies or ventures descend. In these countries not only current reserves of capital is low but also the concentration of capital. Due MoreAbstract Capital formation is one of the important factors in economic development. Developing countries are usually known with poor economies or ventures descend. In these countries not only current reserves of capital is low but also the concentration of capital. Due to the lack of internal funds for financing in developing countries, is one of proposed solutions on an international scale is import of capital such as loans, credits and grants from developed countries. Therefore, the effect of foreign aid as a foreign financial flow to developing countries to promote economic development is essential and knowledge of these effects will lead to the right decisions for the optimal use of these contributions. This study investigates the impact of foreign aid on growth in per capita income. We employ panel data over the years 1987 to 2010 in selected developing countries from Asia and Africa deals. The result show the effectiveness of foreign aid on per capita income growth is negative but small. Manuscript profile -
Open Access Article
32 - ارزیابی چگونگی عوامل تاثیرگذار بانکی بر مطالبات غیرجاری بانک-های ایران )رویکرد مدل پانل پویا GMM)
نادر حکیمی پور -
Open Access Article
33 - Estimation of Economic Growth Model in Selected Developing Countries: Generalized Method of Moments Approach
Monireh Pourali yadollah Rajaei Mohammad DalmanporAbstract One of the basic goals of any society is to achieve economic growth with less ‎fluctuations. In fact, achieving sustainable economic growth and economic stability is one of ‎the main goals of any country. If the existing economic base and the future pe MoreAbstract One of the basic goals of any society is to achieve economic growth with less ‎fluctuations. In fact, achieving sustainable economic growth and economic stability is one of ‎the main goals of any country. If the existing economic base and the future perspective ‎indicate economic stabilization, the path of long-term investment growth will be strengthened, ‎otherwise, the capital will be inclined to the service, trading and hoarding sectors, and in the ‎long term, it will reduce the economic growth rate. In this article, the effect of macro-‎economic indicators (international trade, human capital, physical capital, inflation and foreign ‎debt) and institutional indicators (combined index consisting of the components of voice and ‎accountability, political stability without violent, government effectiveness, regulatory ‎quality, rule of law and Corruption Control) and corruption control) on economic growth ‎were investigated and analyzed in 15 selected developing countries during the years 2006 to ‎‎2019 with the generalized method of moments (GMM). The regression results showed that, ‎among macroeconomic variables, inflation and foreign debts had a negative effect on ‎economic growth, but international trade, human capital and physical capital had a positive ‎effect on economic growth. The combined index of institutional factors also had a positive ‎effect on economic growth.‎ Manuscript profile -
Open Access Article
34 - بررسی عوامل موثر بر درآمدهای غیرمشاع بانکی در ایران (در چارچوب یک الگوی پانل پویای سیستمی)
مهدی قائمی اصل سید علی حسینی ابراهیم آباد حسن حیدری -
Open Access Article
35 - The Effects of Targeted Subsidies on Iindustry and Mine Sector (A Computable General Equilibrium Approach)
مهرداد نعمتی سید علی اکبر طباطباییThis article seeks to analyze the effects of targeted energy subsidies on the industrial sector. For this purpose, the Computable General Equilibrium model was used.At the sector level, the combination of increases in energy prices, exchange rates and interest rates hav MoreThis article seeks to analyze the effects of targeted energy subsidies on the industrial sector. For this purpose, the Computable General Equilibrium model was used.At the sector level, the combination of increases in energy prices, exchange rates and interest rates have been a total of eight scenarios. In scenario increase in energy prices (4 scenarios) employment of labor in the mining and services sectors increased, but in agriculture and industry sectors is reduced. Production of industrial sectors, mining and services will increase in all four scenarios. In all four scenarios to reduce agricultural exports, but exports of industrial, mining and services increases. In scenario increase in energy prices and 81 percent increase in exchange rate, employment for services and mining sectors is increasing, but employment in the industrial and agriculture sectors decreases.Results show that increasing exchange rate with the increase in energy prices offset part of the negative effects of rising prices on exports and is also part of the negative effects of rising energy prices on production also compensates. Manuscript profile -
Open Access Article
36 - تاثیر عوامل درونی و بیرونی صنعت بانکداری بر ریسک اعتباری بانکها در ایران
محمد جواد محقق نیا محمدعلی دهقان دهنوی محیا بائی -
Open Access Article
37 - Investigating the Eeffects of Factors on Capital Adequacy Ratio in the Islamic Banking System of Iran and Malaysia
پریما بهرامی زنوز آزاده محرابیان رویا سیفی پور نارسیس امین رشتیCapital adequacy ratio is one of the most important indicators in analyzing the situation of banks in order to manage banks against risks such as bankruptcy and their inability to meet obligations. This controls the risk management of banks. Therefore, the present study MoreCapital adequacy ratio is one of the most important indicators in analyzing the situation of banks in order to manage banks against risks such as bankruptcy and their inability to meet obligations. This controls the risk management of banks. Therefore, the present study, investigates the effect of banking variables on the capital adequacy ratio in private banks in Iran during the period 1397-1390 and in Malaysia during the period 2012-2019 by the generalized moment method (GMM). The results show that in the Iranian banking system, credit risk and return on assets have a direct effect on bank size, financial leverage and liquidity have a negative effect on the capital adequacy ratio. In the Malaysian banking system, financial leverage, liquidity ratio and credit risk have a positive effect and the share of deposits and return on assets has a negative effect on the health index. The difference in the effectiveness of variables is due to different methods of financing the banking system and maintaining the vision of investment projects. Manuscript profile -
Open Access Article
38 - The Effect of Exchange Rate Fluctuations on the Economic Growth Due to Financial Markets Deepening in Some Selected OPEC Countries
مهدی بصیرت آرزو نصیر پور علیرضا جرجرزاده Abstract Fluctuations in the real exchange rate, including factors that could affect macroeconomic performance and especially economic growth. It can be said that a factor in the analysis of the relationship between exchange rate volatility and economic growth More Abstract Fluctuations in the real exchange rate, including factors that could affect macroeconomic performance and especially economic growth. It can be said that a factor in the analysis of the relationship between exchange rate volatility and economic growth has received little attention is the development level of countries’ financial markets. This study was aimed to investigate the effect of exchange rate fluctuations on economic growth considering rate of development of financial markets in selected Member Countries of OPEC over the period 1981-2010. The effects of inflation on economic growth have been studied as well. The results obtained by analyzing of panel data show that the effect of financial development on economic growth and the mutual effect of exchange rate fluctuations and financial development on economic growth is positive, but statistically view are not significant. Manuscript profile -
Open Access Article
39 - تاثیر منابع تامین مالی بر رشد شرکتهای کوچک و متوسط پذیرفته شده در بورس اوراق بهادار تهران
مریم گلقندشتی محمد ابراهیم آقا بابایی -
Open Access Article
40 - The Effect of Electronic Banking on Return on Equity for Selected Banks in Tehran Stock Exchange
سید شمس الدین حسینی حمید فرامرزی عبادElectronic banking is a result of entering information and communication technology in the field of banking that led to reduced bank’s and costumer's costs. Use of electronic banking instruments such as automated teller machine (ATM) and point of sales (POS) has r MoreElectronic banking is a result of entering information and communication technology in the field of banking that led to reduced bank’s and costumer's costs. Use of electronic banking instruments such as automated teller machine (ATM) and point of sales (POS) has released delivery of banking services from the liabilities of time and location and affect the profitability of banks. This study has investigated the effect of electronic banking expansion on return on equity (ROE) in eight banks in the Tehran Stock Exchange included four private banks (Eghtesad novin, Parsian, Pasargad, Sina) and for state-owned banks that has been transferred their shares to the Stock Exchange (Saderat, Mellat, Tejarat, Post bank); in period of 1385-1393. Based on Generalized Least Square (GLS) approach and panel data method we found a significant positive effects between ROE and independent variables such as ATM/Branch, SPOS, HHI and GDP . Manuscript profile -
Open Access Article
41 - تأثیر شاخص درک فساد مالی بر رشد اقتصادی بر اساس تفکیک بین کشوری در حوزهی آزادی اقتصاد با روش گشتاورهای تعمیم یافته (GMM)
سهراب دل انگیزان محمد شریف کریمی زینب خالوندی -
Open Access Article
42 - Demand estimates tourism in selected provinces
هوشنگ Moemeni vesaliyan لیلا GHolami porAs an important economic section of high efficiency, tourism has an excellent position in the modern world called Tourism Industry. According to the Iranian tourism attractions, this industry may be considered for moving out of single-product condition and dependency on MoreAs an important economic section of high efficiency, tourism has an excellent position in the modern world called Tourism Industry. According to the Iranian tourism attractions, this industry may be considered for moving out of single-product condition and dependency on oil. Therefore, the author intends in this article to show some effective factors on demand of tourism and share of each factor. In this case, 11 tourist provinces in a period of 2005 to 2010 were studied. By linear logarithm function and its estimation in panel data method, it was determined that the traveling costs in destination such as variable of total goods and services used index (SHB) and ratio of price of hotels in that province to the family income of other provinces (NHN), are the most efficient variable in total demands for domestic tourism. In addition, coefficient of variable of total local tourism attractions (TJ) and total tourism and travel agencies (TA) is positive, showing direct relationship of number of domestic passengers and two mentioned variables in that province. Manuscript profile -
Open Access Article
43 - The Impact of Health Costs on Income Inequality in Selected Members Countries of Islamic Cooperation Organization
Mohammad Ameli Abolfazl Ghiasvand Manijeh HadinejadAbstract Today, one of the challenges facing health systems is the ever-increasing increase in its costs. This study investigates the relationship between health costs and income inequality. Income inequality has been investigated using four Gini coefficients and, in a MoreAbstract Today, one of the challenges facing health systems is the ever-increasing increase in its costs. This study investigates the relationship between health costs and income inequality. Income inequality has been investigated using four Gini coefficients and, in a quantile, approach using annual panel data from 2000 to 2022 in selected middle-income member countries of the Organization of Islamic Cooperation, the empirical results show that the effect of health costs on inequality The income in the countries that are part of the top 10 percent of the income level in this group is much higher than the countries that are in the lowest income level. The effect of life expectancy, death rate and population on income inequality is also opposite; That is, the countries that are in the highest category in terms of income level, the effect of these variables on income inequality is much greater than the countries that are in the lower income categories. Also, due to the effect of population structure on income inequality, it is necessary to seriously consider it in the design and formulation of policies in the field of health, hygiene and population structure. Health, treatment and quality of life improvement policies to increase life expectancy and decrease mortality rate, policies to increase investment (reduction of consumption, promotion of security, economic development of exports, etc.) should be pursued to reduce income inequality. Manuscript profile -
Open Access Article
44 - تحلیل تاثیر گسترش مالی و تجاری بر رشد اقتصادی در کشورهای عضو اوپک
عباسعلی ابونوری مهدیس خواجه زاده -
Open Access Article
45 - بررسی تأثیر عوامل اقتصادی بر حجم سپردههای بانکهای خصوصی منتخب در ایران
سعیده صفری مریم رافتی -
Open Access Article
46 - Studying the Impact of Small and Medium-Sized Manufacturing Industries on the Growth of Industrial Value Added in Iran’s Economy
Hediha setayesh Abbas Memaranjad Kambyz Hejbarkiani Taghi TorabiAbstractThis paper attempts to explain the importance of small and medium-sized enterprises in the economy and to highlight their main facing challenges, in particular the “financial challenge". The present paper seeks to analyze the impact of small and medium-siz MoreAbstractThis paper attempts to explain the importance of small and medium-sized enterprises in the economy and to highlight their main facing challenges, in particular the “financial challenge". The present paper seeks to analyze the impact of small and medium-sized industries on the growth of industrial value added in Iran’s economy for 22 ISIC codes during the period of 2005-2014.The main findings of this study indicate that the growth of value added of small and medium-sized industries has a significant positive effect on the growth of value added of industries with ten employees and more; the growth of innovation level in small and medium-sized industries may have a significant positive effect on the growth of value added of this group of industries, and the growth of openness of Iranian economy can affect the growth of value added of industries with ten employees and more, positively; but it has a negative effect on the growth of value added of small and medium-sized industries. Furthermore, it is suggested that in order to boost and facilitate the economic activities of small and medium sized enterprises, several issues should be considered including“promoting the non-bank financing methods”, “providing effective support for innovative projects”, “implementing industrial export development programs”, and “providing industrial advisory services, in particular financial advisory services”. Manuscript profile -
Open Access Article
47 - The effects of Islamic bonds (sukuk) on economic growth based on a stochastic dynamic equilibrium model DSGE
Seyed Farshid gharavi Ahmad naghiloo Ashkan rahimzadehAbstract The importance of the bank's role in the current era is clear and one of its roles is financial intermediation between savers and investors. This role can be very important in helping to convert capital. In other words, the main task of banks is to equip and a MoreAbstract The importance of the bank's role in the current era is clear and one of its roles is financial intermediation between savers and investors. This role can be very important in helping to convert capital. In other words, the main task of banks is to equip and allocate money, subsidiaries and alternative securities, which is done by accepting deposits and giving loans. Islam is not against the idea of banking and banking, as long as it is not against books, traditions and values, but Islam is opposed to usurious banking based on interest rates. The main purpose of this study is to investigate the effect of Islamic financial instruments (Sukuk) on economic growth in Iran. This study is applied in terms of purpose and descriptive data and information collection. The time domain of the research is in the period of 1370 to 1399. Method 1 of 7 In this research, an attempt has been made to identify the effects of Islamic bonds (sukuk) on economic growth by theoretically explaining and designing a model and using the methods of DSGE stochastic dynamic equilibrium model, so that the empirical effect of this relationship is analyzed. Be located. And it was shown that Islamic financial instruments (sukuk) affect Iran's economic growth. Manuscript profile -
Open Access Article
48 - The Effects of Too-Big-to-Fail Periods Banks on Deposits in Government and Private Banks in Iran (Dynamic Panel Data Approach)
Hossein Mirzaei mehrdad rezaei Javad Salahi Majid Afshari RadAbstractIn the wake of recent financial crisis, large banks have been considered as important factors in financial markets in the world, since these banks' failure could affect the whole economy by extending systemic risk. With regard to this issue, when large banks fac MoreAbstractIn the wake of recent financial crisis, large banks have been considered as important factors in financial markets in the world, since these banks' failure could affect the whole economy by extending systemic risk. With regard to this issue, when large banks face insolvency or bankruptcy, larger part of economy would be affected, and with the interconnectedness between banks and financial institutions, the effects of large banks' bankruptcy will have greater impact on the real economy. After financial crisis, many studies have concentrated on the failure of TBTF banks, and the role of these banks in the incident of financial crisis. Number of specialists emphasize on bank size and Basel Committee on Banking Supervision regulated by the classification of banks and their systemically important banks. The study of risk among systemically important banks is important to Basel Committee on Banking Supervision. Many studies confirm that larger banks tend to have less capital, less stability and sustainability of resources, and higher risk-taking activities, therefore, larger banks have become fragile in financial markets. Moreover, the other explanatory variables such as inflation and GDP growth have negative and positive effects on deposits volume in Iran respectively. Manuscript profile -
Open Access Article
49 - The Impact of Macroeconomic, Financial, Economic and Economic Crisis Indicators on Trade Cycles of Iran and Selected Islamic and Developed Developing Countries
Seyedeh Fatemeh Bagheri Rafik Nazarian Manijeh Manijeh Hadinejad Marjan DamankeshidehAbstractThe present study uses the Generalized System Torque Model (SGMM) and dynamic panel data (PANEL VAR) to investigate the impact of macroeconomic, financial, economic and economic crises on business cycles of selected developing and developed countries over time. MoreAbstractThe present study uses the Generalized System Torque Model (SGMM) and dynamic panel data (PANEL VAR) to investigate the impact of macroeconomic, financial, economic and economic crises on business cycles of selected developing and developed countries over time. 2013-2019, 1392-1398. In this paper, the effect of independent variables (liquidity risk, return on assets, capital adequacy ratio, etc.) on business cycles in selected countries through the output gap variable using the Hadrick Prescott filter is used to evaluate the results of the model. Liquidity risk, lending facility growth rates and financial crises have a negative impact on the output gap, while return on assets, capital adequacy ratio, crude oil prices, exchange rates and the development of financial markets have a negative impact on periods. Have left the trade of selected countries.The results of the study of the reactions of instantaneous reaction (IRF) and analysis of variance for developed countries show that a standard deviation in terms of oil price index and exchange rate on the output gap, these variables show a decrease of up to two periods. Increased development of financial markets and banking health has continued, after 2 periods of shock effect of oil prices and exchange rates over time on the output gap of developed countries will be minimized.Also for developing countries; a standard deviation from The area of oil price index and exchange rate on the output gap, these variables have increased up to two periods and after 4 periods, has decreased, in other words, the effect of oil prices on the production of developing countries shows that in periods Rising oil prices, investment and production have increased, and conversely, when oil revenues fall, we see a decline in production, in other words, rising oil revenues are largely unmanaged, in other words, long-term investments are spent on short-term expenditures. It has resulted in nothing but inflation and increased liquidity for these countries. Manuscript profile -
Open Access Article
50 - Investigating of Factors Affecting on Life Insurance Demand in Iran with Emphasis on Organizational Internal and External Quantitative Factors
سید محمد مهدی احمدی الهام غلامی احسان تفاخرThe main purpose of this paper is to investigate factors affecting the life insurance demand of insurance companies in Iran. In this regard, eight factors include four intra-organizational quantitative factors (number of branches and agents, financial enrichment, averag MoreThe main purpose of this paper is to investigate factors affecting the life insurance demand of insurance companies in Iran. In this regard, eight factors include four intra-organizational quantitative factors (number of branches and agents, financial enrichment, average premium rate and payback loss), and four external factors (GDP, average interest rate, inflation rate, and stock market returns) Has been identified and investigated their effect on the insurance demand of insurance companies using multivariate regression model. This regression model was estimated using the data of 20 insurance companies during the year’s 2010 to 2016 using panel data with constant effects. The results of the model estimation indicate that among of internal organization factors, all factors, except the number of branches and agents, have a significant effect on the life insurance demands of insurance companies, so that the payback loss and financial empowerment have a positive and average premium rate has a negative effect on life insurance demand of insurance companies. In addition, all of the external organization quantitative factors have a significant effect on the life insurance demand of companies, so that GDP has a positive effect and interest rate, inflation rate and stock return rate have a negative effect on the life insurance demand of insurance companies. Manuscript profile -
Open Access Article
51 - Effects of Macroeconomic Variables and market power on Banking Sector's Deposits (Bayesian Model Averaging Approach in Panel Data)
mahboubeh shakiba alireza Daghighiasli marjan damankeshideh majid fashari Ali Esmaeelzadeh MaghariMarket power specifies how firms in a market influence prices, and reveals the level of competition in the market. This paper investigated the impact of market power and macroeconomic variables effect on banking deposits in Iranian deposit money market using dynamic Bre MoreMarket power specifies how firms in a market influence prices, and reveals the level of competition in the market. This paper investigated the impact of market power and macroeconomic variables effect on banking deposits in Iranian deposit money market using dynamic Bresnahan-Lau’s and Bayesian model averaging approach for the 18 bank in the Iran industrial banking sector. Annual data for the period of 2006- 2016 has been collected from annual financial statements of Iranian banks, Statistical Centre of Iran, Monetary and Banking Research Institute of Iran and central bank of Iran. By applying BMA approach the main macroeconomic variables have been determined from 8 variables. The results of model estimation indicated that market power for its 18 Iranian banks were 0.58 and the macroeconomic variables of liquidity money has negative and other explanatory variables such as fixed assets, growth of GDP, first order lag of deposits, deposits rate and cross effect of GGDP with deposits rate have positive posterior average on banking sector's deposits during the period of study. Manuscript profile