Financial Economics
Year:2008 | Volume:1 | Issue:3|Papers Count:8

In this study, the relationship between economic growth and economic security in Islamic conference Group (ICG) with emphasis on Iran has been investigated. The finding based on Pooled panel data during 1997-2005 show that population growth, Labor force, capital Growth, government share of economic activities, the foreign Direct Investment (FDI) to GDP and economic security as influencing variables have been positive effects on economic growth among ICG's, but inflation had opposite effects. The other findings show Iran's economic security index is lesser than ICG average level. The results suggest that government should enhance security condition quality in economic activity.

This study researched changing consumer price and expenditure to get animal protein and calorie in order to achieve goal of forth development plane for urban Iranian households. Quadratic almost ideal demand system (QAIDS) during of 1982-2007 was used. Also own, cross price and expenditure elasticity was estimated. According of this result price and expenditure protein and calorie elasticity was estimated. The result showed that changing of poultry meat price had maximum impact. Calorie elasticity of poultry meat was larger than protein group. A Expenditure elasticity of protein and calorie were positive and equal .86 and .87 in protein groups so this group was a normal good.

In several last decades. Outward and Inward Oriented Strategy have used in developing countries frequently. The outward policy had focused on achieve to international markets. In spite of this, Import substitution has been an important role in local markets. This paper analysis the effects of non-oil export expansion on various sectors growth in Iran's economy based on Feder's approach. We introduced a model based on Total Production Function (TPF) during 1961-2008 (1353-1387 Solar Calendar) by using of OLS method. The Findings show that labor force, capital and intermediately variables have Positive effects on non-oil growth sectors, but export in non-oil sectors hasn't significant affect.These findings show that export promotion as an outward orientation has not fulfills to promote growth in non-oil sectors.

This paper aims at investigating the effect of minimum wage on employment composition among Iran's manufacturing industries, using a microeconomic model which has been estimated by GLS and panel data collected from 1375 to 1384. Estimations show that an increase in minimum wage statistically has significant effect on the unskilled employment, and the employment rate of unskilled workers increases when the minimum wage is increased. An important implication of this research is that government requires reconsidering the criteria used for determining the minimum wage in Iran in order to diminish the imbalance in the current labor market. Economic development and level of productivity should be considered as two important criteria of determining the minimum wage.

The relation between export growth and economic growth has been controversial among economist and policy makers during several last decades. In this study, we introduce a model to test export diversification and economic growth, in Iran after revolution (1980-2005). The findings show that non-oil export has increased and diversified during the three last decades. The export diversification index for some goods has lead to higher export growth. So export diversification especially in non-oil good's has contributed to economic growth.

The main purpose of this paper is to investigate the social security expenditure on labor productivity and economic growth in Iran. Social security's plays a crucial role in employment productivity and contributes to economic growth indirectly. This article concentrates on the measurement of social security expenditure effect on labor productivity and economic growth in Iran during 1975-2006. Based on ARDL methods, we found a positive and significant relation between per capita social security expenditure and labor productivity. The estimated coefficient In short run is tow percent (0.02) and in long run is five percent (0.05). The magnitudes of estimated coefficient are low level in two cases.Based this findings, the government should enhance quality of social security services in labor market to increase labor productivity and improve economic growth.

In this study, the effects of Foreign Direct Investment (DFI) on human capital have been investigated among some selected countries with less than medium incomes per capital 1970-2004. We introduce a model and tested it based on panel data method with emphasizes on structural variations. The finding show foreign direct investment (FDI) has increased human capital in those countries which absorb more foreign investment throughout enhancement in skills, and increases the use of new technology.

The Spread is generally considered as a sign of efficiency in any Banking system throughout the world. This important indicator is equal to the difference of two ratios which are the revenues from facilities to total facilities of the bank ratio. An increase of this indicator means more cost of raising funds for demanders of funds. But it is, on the contrary, a signal for higher efficiency of banking system. The main objective of this research is to measure the net spread of public banks and appraisal of effects of three groups of banking policy making and aggregate economy variables on net spread changes throughout the years 1377 to 1386.Calculations show that the average net spread of public banks throughout 1377 to 1386 equals 6.16% and from 1382 to 1386. it has fallen to 5.36%.The outcomes of econometrics model reveal that the rate of change in most banking financial indications (such as sight deposit to total deposit ratio, non performing loan ratio, legal deposit ratio and non-interest based revenue to total revenue generating asses ratio) exert meaningful but different effects on the rate of change of underlying variable. Although the private banks have been operating since 1381, the positive multiplier of the herfindahl–Hirschman Index or HHI concentration indicator shows that banking industry in Iran has continually been a monopoly of public sector. However the related numeral multiplier implies a gradual change of current structure towards less monopoly.