JOURNAL OF THE MARCO AND STRATEGIC POLICIES
Year:2013 | Volume:1 | Issue:3|Papers Count:7

In this article, the impact of Mehr housing scheme on the housing market of Iran is investigated by using panel data and asymmetric ARDL model proposed by Schein, Yu, and Greenwood-Nemov (2011). For this purpose, the data for nine provinces namely: Tehran, Guilan, Mazandaran, Eastern Azerbaijan, Khuzestan, Fars, Isfahan, Hamedan, and Zanjan in the period 1991 to 2011 are applied. The variables are extracted from Poterba and Tobin model, and we assume the issued building permits to be our variable in estimating the effect of Mehr housing on the house price. Our results show the high impact of the number of households (population) variable, and the liquidity on housing price. Also, the important conclusion is that the Mehr housing scheme has not been able to reduce housing prices and prohibit its indiscriminate growth. However, performance of the plan has affected the expectations of people for future, and resulted in stagnation of housing transactions which itself has caused the relative decline of housing price.

This paper assesses the relationship among energy consumption, financial development, economic growth, industrialization and urbanization in Iran from 1970 to 2012. The autoregressive distributed lag bounds testing approach to co integration and Granger causality tests is employed for the analysis. The result confirms the existence of long-run relationship among energy consumption, economic growth, financial development, industrialization and urbanization in Iran. Long-run in directional causalities are found between financial development and energy consumption, financial development and industrialization, and industrialization and energy consumption Also, short-run causality from financial development on energy consumption can be accepted. Hence, sound and developed financial system that can attract investors, boost the stock market and improve the efficiency of economic activities should be encouraged in the country. Nevertheless, promoting industrialization and urbanization can never be left out from the process of development. We add light to policy makers with the role of financial development, industrialization and urbanization in the process of economic development.

Life insurance is considered as one of the most important types of insurance industry and an indicator of economic development. Despite overall progress, life insurance products as a need of today’s life have not achieved its deserved place in consumption basket of most developing countries households including Iran. One of the factors with a significant impact on life insurance industry is the quality of governance. The main objective of the present study is to evaluate the impact of good governance on the demand of life insurance in Iran and selected developing countries during the period 2011-1999, using a balanced panel data model. Results show that, good governance indicators have a significant and positive effect on the demand for life insurance. On the other hand, control variables including GDP per capita, financial development and unemployment rat have a significant and direct effect on the demand for life insurance. However, inflation rate has a negative and significant effect on the demand for life insurance in selected developing countries.

This study examines the relationship between trade openness and environment performance index by cross-country analysis in 2007 for 73 countries. For this purpose Countries of the World Bank classification based on gross national income and the high income and low income groups are divided. A separate analysis for exports, imports, domestic and foreign direct investment to these countries in different experimental models have been proposed and studied and evaluated. Regression results show that trade liberalization in countries with higher income will increase environmental quality While in low-income countries will reduce the quality of the environment. In both group of countries human capital has direct and positive effect on environmental performance index.

This paper is in theory of assessment framework, that Design an index for measuring inter regional economic discrimination in order to Islamic Republic of Iran basic law. Then measures and analysis this index for I. R. I. in 1389 H. S. For definition of inter regional economic discrimination in order to Islamic Republic of Iran basic law, uses from analysis method. Then with reviews existing data and selects best data. Next discriminates explanation of this index. Ends, measures this index for I. R. I. and analysis it for Iranian stats.

Basis of stable conditions in various sectors of the economy, the most important factors need to move towards sustainable growth and development in all aspects is considered. One of the most important preconditions for economic stability and exit from the economic crisis, monetary and financial stability and to achieve this important should be appropriate for the proper implementation of the policy should be in monetary and fiscal. To review the monetary and fiscal policies and their role in economic variables such as current and construction government expenditures, tax revenues, revenues from oil and natural gas as variables representing fiscal policy and the statutory liquidity and deposit rates as a variable indicating monetary policy has been. In addition to the economic stability of the financial instability of the variables used to measure money. To estimate the error correction model, the method of test used is not limited. The results obtained show that the increase in capital expenditure, tax and legal deposit rates leading to increased financial stability and economic crisis is leaving and also current government spending, inflation, oil export revenues and liquidity, lead to reduced financial stability and economic crisis in the country.

Assuming that global oil production peaked, this paper uses scenario analysis to show the economic effects of a possible supply shortage and corresponding rise in oil prices in the next decade on different sectors in Germany and other major economies such as the U.S., Japan, China, the OPEC or Russia. Due to the price-inelasticity of oil demand the supply shortage leads to a sharp increase in oil prices in the second scenario, with high effects on GDP comparable to the effects of the global financial crises in 2008/09. Oil exporting countries benefit from high oil prices, whereas oil importing countries are negatively affected. Generally, the effects in the third scenario are significantly smaller than in the second, showing that energy efficiency measures and the switch to renewable energy sources decreases the countries’ dependence on oil imports and hence reduces their vulnerability to oil price shocks on the world market.