monetary policy and industrial sector growth ( review of the current situation and provide a favorable model)

Document Type : Original Article

Authors

1 associate of imam hosein

2 assistant prof of damghan university

3 assistant prof of payame noor university, department of economic

4 assistant prof of payame noor university

5 economic

Abstract

The present study intends to use analytical and modeling methods to investigate the impact of monetary policy on the value added of the industrial sector with sub-sectors of industry, mining, construction, water, electricity and gas in the Iranian economy during the period 1370-98 , Pay. Based on this, first, using the generalized torque econometrics (GMM) method, the current situation is identified and then, by examining and pathology of monetary policies, to extract strategies and operational strategies in order to achieve the desired situation using the SWOT method.
The present study intends to use analytical and modeling methods to investigate the impact of monetary policy on the value added of the industrial sector with sub-sectors of industry, mining, construction, water, electricity and gas in the Iranian economy during the period 1370-98 , Pay. Based on this, first, using the generalized torque econometrics (GMM) method, the current situation is identified and then, by examining and pathology of monetary policies, to extract strategies and operational strategies in order to achieve the desired situation using the SWOT method

Keywords

References

John B,Taylor 2000. “Reassessing Discretionary fiscal policy”, Journal of Economic perspectives. 30 (14). pp. 21-36.
Kutu, Adebayo Augustine 2016. “Monetary policy shocks and industrial sector performance in south Africa” , Journal of Economics and Behavioral Studies, 18(3). Pp. 26-40.
Kutu, Adebayo Agustine. Simiso, Msmol 2017. “Effectiveness of monetary policy and the growth of industrial sector in china”, Journal of economics and Behavioral studies , 9 (3): Vol 9. pp. 46-59.
Schwartz, Anna j 2016. "Banking School, Currency School, Free Banking School," The New Palgrave Dictionary of Economics, Vol.1. p. 184.
Chijindu Ezeaku 2018. “Transmission and industrial sector Growth:Empnical Evidence from Nigeria”, Monetory policy ,April- june 2018. pp. 1-12.
Gali, Jordi 2008. “Monetary Policy, Inflation, and the Business Cycle”, New Jersery. Princeton University Press.
Ghosh 2009. “Industry effect of Monetary policy: evidence from india” , MPRA paper , No.17307, posted 16 sep 2009.
Mishiklin, F.s. .1995.” Symposiium on the monetary transmission mechanism”, The journal of economic perspectives, 9. pp. 3-10.
Olufemi, musbaudeen Abiodun. 2017“industrial out put and Economic Growth interaction in Nigeria”, Monetory policy cyclicality , sep,10,2017.
Pesaran, Hashem, Shin Yangcheol, Smith Richard J 2001. “Bounds testing approaches to the analysis of level relationships”. Journal of applied econometrics. 16(3). pp. 289-326.
Otero, Quintero 2017.” Industrial structure and transmission of monetary policy in latin American cantries” , 76 (302). pp. 103-129.
Rotemberg, J. Woodford, Michael 1997. “An Optimization- based Econometric Framework for the Evaluation of Monetary Policy”, NBER Macroeconomics Annual, 12. pp. 297-346.
Szirmai A. Verspagen B 2015. “Manufacturing and Economic Geowth in Developing countries. 1950-2005”, Structural change and Economic Dynamics, 34(1). pp. 46-59.
Yamak R., Kucukale Y 1998. “Anticipated versus unanticipated money in turkey. Review, 9(1). pp. 27-41.

Files

Share

How to cite

Statistics