• Home
  • investment of private sector
    • List of Articles investment of private sector

      • Open Access Article

        1 - Uncertainty in The exports of Non-Oil products and The Private Investment in Iran
        لیلا احمدی
        The purpose of this research is to study the impact of the level of Uncertainty in the exports of Non-Oil products on the investment of private sector in Iran during 1959-2007. To measure the degree of uncertainty in non-oil production, a Generalized Auto Regressive Co More
        The purpose of this research is to study the impact of the level of Uncertainty in the exports of Non-Oil products on the investment of private sector in Iran during 1959-2007. To measure the degree of uncertainty in non-oil production, a Generalized Auto Regressive Conditional Heteroscedaticity Model (GARCH (1, 2)) is used. The explanatory variables of this model are: the rate of inflation, Gross domestic product and imports. In this model, optimal lag and long-term relations are identified and the vector error correction model (VECM) is estimated. The results of our study indicate that both the uncertainty in the non-oil exports and the rate of inflation have a negative effects on the private domestic investment in long run, while GDP and imports are positively related to investment. Manuscript profile
      • Open Access Article

        2 - The Effect of Uncertainty in the Current and Constructional Governments Expenses on the Investment of Private Section in Iran Economy
        karim emami leila Ahmadi
        This study is aimed to analyze the effect of uncertainty in the current and constructional Governments Expenses on the investment of private sector in Iran during 1959-2006. Other descriptive variables such as Gross National Product (GNP) and inflation rate are consider More
        This study is aimed to analyze the effect of uncertainty in the current and constructional Governments Expenses on the investment of private sector in Iran during 1959-2006. Other descriptive variables such as Gross National Product (GNP) and inflation rate are considered. For calculating the uncertainty, an Exponential Generalized Auto Regressive Conditional Heteroscedaticity Model is used (EGARCH (0, 1)). Finally, by the determination of optimal lag and long-term relation, error correction model of VEC was estimated.The results explain that uncertainty of the current and constructional expenses of the government has negative effect on the investment of the private sector in long term. According to this, in short term, uncertainty of the current governmental expenses is not statistically significant on the investment of the private sector, but uncertainty of the governmental constructional expenses has a positive effect on it. The effect of Inflation rate and GNP variables, in short and long term, is negative and positive on the investment of the private sector. Manuscript profile