Search

Search for Article,Author or ...

News

Current Issue

No 14
Vol. 14 No. چهارم
2015
Download |

Last Published Articles

Economic growth is one of the most fascinating subjects in economics that has attracted the attention of economists all across the world. One of the main important factors of economic growth is age structure. Therefore, the present paper aims to study the impact of age structure on economic growth in Iran during 1975 and 2012. For this purpose, the structural time series approach was used in the study. Findings indicate that the population dependency ratio has a significant and negative impact on economic growth while the growth of gross fixed capital formation and life expectancy have a significant and positive impact on economic growth. Finally, the estimated unobserved factors as the index of technology and other institutional variables that affect economic growth change with economic growth. This indicates the importance of institutional variables on the formation of economic growth in Iran
Darioush Hasanvand - Younes Nademi
Keywords : Age Structure ، Economic Growth ، Structural Time Series Approach ، Iran
The theory and experience of monetary policy is moving towards inflation targeting as most of the central banks are employing this pattern of policy decision. Considering the significance of using this pattern by the Central Bank of the Islamic Republic of Iran in future, the present paper tries to analyze such a monetary policy framework and discuss it from the Islamic viewpoint. The main question of this research is “Is it possible to use the new model of inflation targeting within the framework of Islamic jurisprudence and the interest-free banking operation?”. Findings, obtained through the analytical-descriptive method and jurisprudence analyses, demonstrate that inflation targeting aims to control inflation which is not only prohibited in Islam but also Islamic sources can be used to approve it. Therefore, inflation targeting for monetary policy is compatible with Islamic jurisprudence and interest-free banking operation. Notwithstanding, the use of such a pattern is conditioned on the admission of pre-conditions such as the legitimacy of the money market and the governance of market rates in an Islamic framework. Also, many of the tools and executive methods used in the conventional central banking for inflation targeting have been developed based on interest loan contract, which is incompatible with Islam.
Keywords : inflation targeting ، monetary policy ، Islamic central banking ، interest-free banking operation ، Imamiyah jurisprudence
Government intervention in the economy and its size has always been one of the most important topics in the field of economy which has always been attracted the attention of policymakers and government planners as well as economic actors. In the literature, government size applied to analyze the government role in the economy. Since the governments with respect to its resources, tries to improve the quality of life and economic and social development of society, this study investigates impact of government revenues including oil revenues, tax revenues and other revenues as the most important part of government revenues on government size in Iran, using the quarterly data over the period 1990:2- 2015:1 by applying Markov Regime Switching Generalized Auto Regressive Conditional Heteroskedasticity model. The result suggests that an optimal model consists of two regimes, and each three variables including, oil revenues, tax revenues and other revenues have positive impacts on government size in both regimes zero and one. Moreover, the influence of other revenues was obtained more than the effect, of tax and oil revenues on the government size. The impact of government revenues on the government size in regime one (bigger government regime) is more than of regime zero. However, The sustainability of the regime zero is greater than the regime one.
- Arash Refah Kahriz
Keywords : Iran ، Government Revenue ، Government Size ، Nonlinear Effects ، Markov Regime Switching GARCH Model
Iran’s location in a strategic and turbulent region in one hand and its high share of military expenditures in the government budget on the other hand make it necessary to study the impact of military expenditures on the Iranian economic growth. This paper uses an augmented Solow model during 1959 and 2013 as well as the Granger causality test through vector autoregressive model (VAR) and Toda and Yamato as its methodology to study the causality relation between the variables which impact economic growth in Iran. The findings demonstrate that the military expenditures has a negative and significant impact on the Iranian economic growth. Also, there is a one-way causality relation between the military and non-military expenditures and oil revenues in a manner that petrodollars are spent for military and non-military expenditures. Therefore, it could be concluded that with an increase in oil revenues, the military and non-military expenditures of Iran rise as well. Also, the causality relation between oil revenues and economic growth in Iran is two-ways.
mohammad molaei - Elham Tajali
Keywords : Augmented Solow Model ، Military Expenditure ، Non-Military Expenditure ، Toda and Yamamoto Causality Test
One of the basic requirements of the Islamic-Iranian model of progress is the role of culture. This study is considered not only as part of the hypothetical content of Islamic-Iranian model of progress i.e. the necessity of the country’s cultural development and its mechanism, but also it presents a theoretical introduction and conceptual framework for thought, understanding and development of this pattern. In this paper, researchers investigate the link between progress and culture within the framework of Islamic-Iranian model of progress. To this end, the present paper studies the bilateral dynamic interaction between progress and culture as well as the importance of culture within the framework of Islamic-Iranian model of progress. This study believes that ignoring the complex interdependence between culture and progress in the codification of the Islamic-Iranian model of progress results in a non-inclusiveness, bias, lack of objectivity and ineffectiveness of the model. Ultimately, the present paper proposes a culture-based pattern of development as a conceptual framework for Islamic-Iranian model of progress
Mohammad Mehdi Mazaheri - Majid Kafi
Keywords : culture ، development ، Islamic-Iranian model of progress ، culture based model of progress ، bilateral dynamic interaction

ابتداقبلی12بعدیانتها مشاهده 1 تا 5 ( از 10 رکورد)