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  • List of Articles


      • Open Access Article

        1 - The Relationship between Shadow Economy and Economic Growth: An empirical analysis by using simultaneous panel equations
        محمدرضا شهاب جمشید پژویان
          Abstract Shadow Economy(SE) is a complex and effective phenomenon which is present all over the world's economies and therefore at least in recent decade, SE is in the spotlight of a remarkable collection of economic scientists and researchers and it's social sci More
          Abstract Shadow Economy(SE) is a complex and effective phenomenon which is present all over the world's economies and therefore at least in recent decade, SE is in the spotlight of a remarkable collection of economic scientists and researchers and it's social sciences users. The main objective of this study can be served as an investigation and identification of the interactions of SE with economic growth and it's dependence on the level of economic growth and development .In this way,  in order to design hypothesis and  research's models , according to the theoretical approaches an Inverted-U functional form has been considered  which is called as the Kuznets's relation To test our hypothesis , the econometric panel-data approach is employed for  the period of 1999 to 2007 in two blocks of 25 countries containing  high-developed and developing  countries (including I.R.IRAN) under various assumptions about simultaneity problem.   The results of estimations and Turning-Points calculations  indicate that our two hypothesis cannot be rejected and there is a significant  Kuznets's U-inverted  relation between SE and economic growth . Furthermore, the relationship between SE and economic growth depends on the level of development.Other findings show that all 25 developing countries including I.R.IRAN, during 1999-2007 are in upward phase of the inverted-U curve and the neoclassical view about complementary relation between SE and economic growth cannot be rejected Manuscript profile
      • Open Access Article

        2 - The Causal Analysis of Relationship between Inflation Rate and Unemployment in Iran (The case study of Philip’s curve)
        تیمور محمدی عباسعلی ابونوری رویا محمدنژاد
        Abstract The high unemployment rate is one of the chronically problems in Iranian Economy. There is a large gap between natural and nominal rate of unemployment in Iran. In the recent years, the policy makers tried to decrease and control unemployment rate by undertaki More
        Abstract The high unemployment rate is one of the chronically problems in Iranian Economy. There is a large gap between natural and nominal rate of unemployment in Iran. In the recent years, the policy makers tried to decrease and control unemployment rate by undertaking monetary policies, but the outcome of such policies has increased the inflation rate significantly  especially during 1979 up to 2009 .In this paper, we tested the relationship between inflation and unemployment rates based on Philip’s curve hypothesis. Our estimation in form of two models separately, shows that, there is significant relationship between inflation wage rates in current period with previous one. In addition, the rate of inflation in each period is a function of productions level and wage rate. Also, the previous level of inflation has influenced current level of inflation rate significantly.   Manuscript profile
      • Open Access Article

        3 - The Effects of Doing Business Improvement on Export and FDI Absorption (case study some selected countries in G77 )
        ابو الفضل شاه آبادی یونس سلمانی سید آرش ولی نیا
          Abstract In modern literature of international trade, institutional function and issuing efficient regulation from trade perspective are considered as the major reasons for economic development of the countries. Foreign direct investment (FDI) accumulation and More
          Abstract In modern literature of international trade, institutional function and issuing efficient regulation from trade perspective are considered as the major reasons for economic development of the countries. Foreign direct investment (FDI) accumulation and export are the key determinant of foreign trade which lead to economic development in some countries. In this study, the effects of improving the Doing Business and other variables on FDI accumulation and export have been investigated between 2006 and2012 in G77 countries. The key factors in accumulation of FDI include: Doing Business, plenty of natural resources, Good Governance and Economic Freedom. Moreover, the determining factors in export development are as follows: Doing Business, accumulation of FDI and real foreign currencies exchange rate. The results further indicate that improvement of Doing Business and Good Governance has a positive relationship with accumulation of FDI; however, plenty of natural resources have a negative relationship with accumulation of FDI. The results of this study show that improvement of Doing Business, accumulation of FDI and real foreign currencies exchange rates have a positive relationship with the export development of selected G77 countries. Manuscript profile
      • Open Access Article

        4 - Measuring the Economic Efficiencies and Productivity of Natural Gas Refineries in Iran
        علی امامی تیمور محمدی عارف بهروز
        Abstract This paper has been tried to measure technical, allocative and economic efficiency of natural gas refineries of Iran during 2003-2009 with using non-parametric data envelopment analysis (DEA) and Malmquist index.For this purpose, the input based method with th More
        Abstract This paper has been tried to measure technical, allocative and economic efficiency of natural gas refineries of Iran during 2003-2009 with using non-parametric data envelopment analysis (DEA) and Malmquist index.For this purpose, the input based method with three inputs and two output is used. The results showed that the average technical, allocative and economic efficiency, of provinces of the country during 2003-2009, respectively is 95 percent, 98.1 percent and 93 percent. Among natural gas refineries for calculation of the productivity, two refinery, on average, have experienced during 2003-2009 positive growth, and  4 other refinery, have experienced negative growth in productivity. During the year, interest in total factor productivity refineries growers an average of 8.2 percent had negative growth, negative growth of 8 percent due to changes in Technology efficiency .   Manuscript profile
      • Open Access Article

        5 - The Effect of Currency Rate Fluctuation on stock Return of Companies Admitted in Tehran Stock Exchange
        حمیدرضا وکیلی فر ملیحه علی فری
        Abstract Security exchange has a particular spot in the country's financial system and development of capital market depends on this institutes activities within the country.  Accumulating small amounts of deposits and available liquidity, and guiding them toward More
        Abstract Security exchange has a particular spot in the country's financial system and development of capital market depends on this institutes activities within the country.  Accumulating small amounts of deposits and available liquidity, and guiding them toward the producing goods and service process in the country are two significant usages of the security exchange. Investors who take part in the security exchange include a vast variety of people that always are trying to decrease risk and increase proportional return. Thus recognizing the factors which effect the return on securities has a material effect on more in deeps analysis and making more proper by the investors. So in this case we study the effect of five important macro economic variables on the total risk and returns of the enterprises admitted in Tehran Security Exchange under cement, petro chemistry, and automobile industries within 1377-1390. The aim of this study is to recognize a balance relation between macro economic variables and their effects on the total stock return. This thesis studies includes 2 hypotheses. This study suggested that there is not correlated relation between the total risk ,returns of the stock and macro economic  variables for enterprises admitted in Tehran Security Exchange.   Manuscript profile
      • Open Access Article

        6 - The effect of foreign aid on per capita income growth in some selected Developing countries from Asia and Africa
        کریم امامی نجمه آزاد وار
        Abstract 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 More
        Abstract 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

        7 - An Evaluation of Welfare Effects of Mechanization Policy in Sugar Beet Industry Production of Iran
        رضا رحیمی سعید یزدانی امیر محمدی نژاد
            Abstract Mechanization to overcome technical limitations and time constraints of climate on the one hand, it is possible to increase agricultural production. The sugar beet is one of the industrial products, which plays an important role in meeting the More
            Abstract Mechanization to overcome technical limitations and time constraints of climate on the one hand, it is possible to increase agricultural production. The sugar beet is one of the industrial products, which plays an important role in meeting the needs of the domestic sugar. In this study, to investigate the welfare effects of mechanization policy beet, sugar beet supply and demand functions using seemingly unrelated equations approach and is estimated using panel data. The results showed that the degree of mechanization has been increased from 1370 to 1390. In the implementation of this policy Producers gain more Welfare than consumers. Therefore, according to the development of mechanization would stimulate backward and forward linkages to other economic sectors will lead to greater accuracy policymakers.   Manuscript profile
      • Open Access Article

        8 - 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