OIL SHOCKS AND DUTCH DISEASE IN IRANIAN ECONOMY: A COMPUTABLE GENERAL EQUILIBRIUM MODEL

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KHOUSH AKHLAGH R.; MOUSAVI MOHSENI R.

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

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Journal: Journal of Economic Research Year:2007 | Volume:- | Issue:77 Page(s): 97-117

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Title

OIL SHOCKS AND DUTCH DISEASE IN IRANIAN ECONOMY: A COMPUTABLE GENERAL EQUILIBRIUM MODEL

Author(s)

KHOUSH AKHLAGH R. | MOUSAVI MOHSENI R. | Issue Writer Certificate

Keywords

COMPUTABLE GENERAL EQUILIBRIUM MODELQ3

DUTCH DISEASEQ2

OIL SHOCKQ3

TRADABLE SECTORSQ3

NON TRADABLE SECTORSQ2

SQCIAL ACCOUNTING MATRQ2

Abstract

In this paper, using an applied general equilibrium model, and not partial equilibrium model, we analyze DUTCH DISEASE in Iranian economy. The results of analysis show that due to the shock created by the increase of 50% in oil income the phenomena of DUTCH DISEASE occurred in Iranian economy 2005. As a result the TRADABLE SECTORS especially the agriculture and industry has been weakened and the construction as a non-tradable sector has been strengthened. On the other hand, the increase in real exchange rate has followed as it is expected.The increase of import and the decrease of non-oil export in all sectors are other results of our research. The increase of production costs which lead to an increase in domestic. Prices that in turn reduces the computability of such products with products produced by foreign countries. In other words this will intensify the weakening of TRADABLE SECTORS.

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APA: Copy

KHOUSH AKHLAGH, R., & MOUSAVI MOHSENI, R.. (2007). OIL SHOCKS AND DUTCH DISEASE IN IRANIAN ECONOMY: A COMPUTABLE GENERAL EQUILIBRIUM MODEL. TAHGHIGHAT-E-EGHTESADI, -(77), 97-117. SID. https://sid.ir/paper/11871/en

Vancouver: Copy

KHOUSH AKHLAGH R., MOUSAVI MOHSENI R.. OIL SHOCKS AND DUTCH DISEASE IN IRANIAN ECONOMY: A COMPUTABLE GENERAL EQUILIBRIUM MODEL. TAHGHIGHAT-E-EGHTESADI[Internet]. 2007;-(77):97-117. Available from: https://sid.ir/paper/11871/en

IEEE: Copy

R. KHOUSH AKHLAGH, and R. MOUSAVI MOHSENI, “OIL SHOCKS AND DUTCH DISEASE IN IRANIAN ECONOMY: A COMPUTABLE GENERAL EQUILIBRIUM MODEL,” TAHGHIGHAT-E-EGHTESADI, vol. -, no. 77, pp. 97–117, 2007, [Online]. Available: https://sid.ir/paper/11871/en

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